- NetMercury’s products include system controls, temperature controls, high purity valves and fittings, fluid pumps, liquid flow controls and cleanroom equipment
- NetMercury was founded in 2000
- Founded in 2006, Clearlake Capital’s core target sectors are technology, industrials and consumer
FloWorks International, which is backed by Clearlake Capital Group, has acquired netMercury, a specialty parts and services distributor. No financial terms were disclosed.
Founded in 2000, netMercury has three locations in Dallas, Austin, and Phoenix. The company’s family of products includes system controls, temperature controls, high purity valves and fittings, fluid pumps, liquid flow controls and cleanroom equipment. NetMercury also provides project management, including repair programs for equipment and components, custom kitting services for maintenance, and automated supply chain management replenishment services.
Together with netMercury, FloWorks will have over 45 branches globally.
“I am excited to welcome netMercury to the FloWorks platform as we continue to execute on our organic and M&A-driven growth strategies,” said Scott Jackson, president and CEO of FloWorks, in a statement. “This combination provides an exciting opportunity to build on both netMercury’s and FloWorks’ strong history in the integrated circuit fabrication and broader technology end markets to accelerate our compelling growth plans.”
FloWorks is a holding company of specialty flow control distribution providers with brands including Sunbelt Supply, SemiTorr Group, Oliver Equipment Company, Triple S, Major Inc., Genesis Systems Inc., and National Valve. FloWorks operates over 45 facilities worldwide.
Founded in 2006, Clearlake Capital’s core target sectors are technology, industrials, and consumer. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments.
The firm is headquartered in Santa Monica, California with affiliates in Dallas, London and Dublin, Ireland.