T.F. Hudgins, a portfolio company of CapStreet, has closed its buy of Jamison. No financial terms were disclosed. Based in Houston, Jamison is a provider of engineered pipeline and filtration products used for gas and fluid handling applications.
HOUSTON–(BUSINESS WIRE)–T.F. Hudgins, Inc. (“the company”) (www.tfhudgins.com) announced today it has completed the acquisition of Jamison Products (“Jamison”) (www.jamisonproducts.com), a Houston-based provider of engineered pipeline and filtration products used in a wide range of gas and fluid handling applications, including strainers, separators, filter vessels, pig launchers and closures. The addition of Jamison is T.F. Hudgins’ first acquisition and adds complementary engineered products and broadens the company’s customer base.
Founded in 1947 and headquartered in Houston, T.F. Hudgins provides engineered products and service solutions that improve the reliability, efficiency, and performance of compressors, engines, and other industrial machinery. T.F. Hudgins has locations in Houston, New Orleans and Venezuela, as well as a sales office in Australia.
“The acquisition of Jamison continues our multi-faceted growth strategy and diversifies our customer base as we expand further into adjacent end markets and product categories,” said T. F. Hudgins CEO Ted Edwards. “In addition to strategic value, the cultural fit was highly attractive. Jamison’s management team fits well with T. F. Hudgins’ culture, and that was a very important consideration for us.”
Tim Randall, majority owner of Jamison, said, “We’re all very excited about joining T.F. Hudgins, as it will open new markets for our products and create further benefits for our customers and employees.”
T.F. Hudgins is a portfolio company of The CapStreet Group (“CapStreet”).
The CapStreet Group is a private equity firm founded in 1990 that invests in owner-managed, lower middle market companies headquartered in Texas and surrounding states, with a particular emphasis on companies headquartered in the greater Houston area. CapStreet targets companies operating in the industrial distribution, industrial manufacturing and business service sectors and partners with management to accelerate growth and improve profitability. For more information, visit The CapStreet Group website, www.capstreet.com.