
The Stephens Group LLC of Little Rock has acquired Quality Valve of Mobile, Alabama, a distributor of valve replacement and repair parts and accessories.
Terms of the deal were not disclosed.
Quality Valve, founded in 1994, supplies over 25,000 orders annually across 500 unique customers, Stephens Group said in a news release. The company distributes over 12,500 SKUs from over 100 leading suppliers. The products are highly regulated with non-discretionary demand driven by safety requirements and mission-critical end use applications.
“Quality Valve’s differentiated competitive positioning and their broad suite of low-cost, high-consequence-to-failure products make this business a perfect fit for our specialty distribution focus,” Grant Jones, managing director at The Stephens Group, said in the release. “We have a high degree of confidence in CEO Jody Dunn and the entire management team and the business they have built. We are looking forward to working together to execute on our shared vision to extend the leadership of this specialty distribution platform.”
The transaction closed on Dec. 6. The Stephens Group worked with Bryan Cave LLP as legal counsel.
Lincoln International acted as debt advisor and Audax Private Debt provided debt financing. BlackArch Partners acted as M&A advisor and Paul Hastings acted as legal advisor to Quality Valve.