Sundyne, a global leader in the design and manufacture of API compliant pumps and compressors, has announced that leading global private equity firm Warburg Pincus has completed the acquisition of Sundyne, from BC Partners Advisors L.P. and The Carlyle Group.

 

This acquisition was initially announced on January 6, 2020. Financial terms of the transaction were not disclosed. As stated in January, Sundyne’s current management team led by CEO Mark Sefcik, will continue under Warburg Pincus’ ownership.“Warburg Pincus’ and Sundyne’s interests align perfectly, and there is no better financial partner for Sundyne than Warburg Pincus,” said Chief Executive Officer Mark Sefcik. 

 

“We are excited to continue to support our customers with our market leading product offering of highly engineered pumps and compressors with the strong financial backing of Warburg Pincus. We have already jointly-identified a number of ways in which Sundyne can accelerate growth and enhance opportunities for our customers, channel partners and employees. We will be focused on executing on these opportunities over the coming months.” -- Tradearabia News Service