Tencarva Machinery Company Expands Reach Through Detroit Pump Acquisition

Tencarva Machinery Company Expands Reach Through Acquisition of Detroit Pump

Tencarva Machinery Company, known for its excellence in distributing flow control and process equipment, has announced a strategic acquisition of Detroit Pump & Mfg. Co. This expansion, backed by Bessemer Investors, marks a significant step for Tencarva, enhancing its service portfolio and geographical footprint into the Upper Midwest region, particularly Michigan.

Acquisition Overview

Founded in 1978 and headquartered in Greensboro, North Carolina, Tencarva has emerged as a leading value-added distributor serving industrial and municipal markets. The acquisition of Detroit Pump, based in Warren, MI, will not only extend Tencarva's market presence but also unify the customer-oriented approaches of both companies. The financial specifics of the deal have not been disclosed, indicating a focus on the strategic aspects rather than the monetary value.

Detroit Pump specializes in process pumping and fluid handling equipment, offering a range of pumps including centrifugal, seal-less, self-priming, and submersible pumps tailored for various industrial applications. The company has built a considerable reputation since its inception in 1926, collaborating with major manufacturers to deliver top-tier pumping solutions.

Strengthening Market Position

With Detroit Pump under its umbrella, Tencarva President Ed Pearce expressed confidence in this venture, highlighting the complementary relationship between Tencarva and Detroit Pump’s service-oriented culture. Pearce remarked, "This acquisition will enable us to penetrate a new market with aligned values, ultimately solidifying Tencarva’s position as one of the premier industrial and municipal pump distribution and service providers in the nation."

Bohdan Tyshynsky, a Principal at Bessemer, emphasized the strategic nature of this acquisition within Tencarva’s growth plan, stating that they are keen on enhancing their offering through highly skilled sales and service professionals who are focused on engineering. This approach ensures that Tencarva remains at the forefront of the industry while expanding to new markets.

Commitment to Growth

This move is part of Tencarva’s ongoing strategy to secure partnerships with leaders in industrial and municipal equipment distribution. Not only does it enhance their service capabilities, but it also establishes Tencarva as a more competitive player in the sector. The management team from Detroit Pump will remain in their current positions, ensuring continuity and expertise in service delivery.

For potential collaborations or inquiries, interested parties can reach out to Andrew Mendelsohn or Bohdan Tyshynsky, whose contact details are available through Tencarva’s official channels.

About Tencarva Machinery Company

Tencarva Machinery Company is committed to providing outstanding service for industrial fluid handling needs. With a robust workforce of over 580, including more than 125 employee shareholders, Tencarva operates across 35 locations in the Southeast and Midwest. Their brands—including Southern Sales and ESSCO Service—reflect their diverse portfolio and commitment to customer service.

About Detroit Pump & Mfg. Co.

Detroit Pump, established in 1926, is recognized for its wide variety of pump offerings and its service excellence. They represent several leading manufacturers and cater to diverse industries with their comprehensive range of fluid handling solutions.

About Bessemer Investors

Bessemer Investors focuses on nurturing middle-market businesses with an emphasis on strategic growth. Their expertise and flexibility in capital solutions align well with Tencarva’s ambitious growth goals, making them a valuable partner in this acquisition process.

Conclusion

The acquisition of Detroit Pump represents a strategic milestone for Tencarva, unlocking new growth avenues and reinforcing its industry-standing. This aligns with their goal of offering high-quality fluid control solutions while continuously enhancing their service capabilities. As Tencarva prepares for its next chapter, the industry watches closely to see how this expansion will shape the future of flow control solutions in the Midwest.