Align Capital Partners-backed Pleatco Filtration has acquired TVS Filters.
TVS designs and manufactures pleated filter cartridges, gas turbine inlet filters and other filtration products for complex industrial air filtration applications.
“TVS has experienced tremendous growth due to our commitment to delivering high quality products with industry best lead times and high levels of customer service,” TVS President Part Willings said in a statement. “Pleatco Filtration’s manufacturing capabilities and deep engineering and marketing expertise are the perfect complement to our business and will allow us to offer additional products and capabilities to new and existing customers.”
TVS services customers throughout North America from its facility in Bessemer, Alabama.
Pleatco Filtration CEO Rick Von Drehle added: “The acquisition of TVS, Pleatco’s third of 2019, furthers our commitment to providing best-in-class aftermarket filtration products to the industrial air market.
TVS will be merged under the master brand banner of Pleatco Filtration, Von Drehle, said.
“With each acquisition, Pleatco continues to add key talent and resources to its expanding platform,” ACP Managing Partner Rob Langley said in a statement. “We look forward to supporting the Pleatco Filtration team on the execution of an ambitious organic and add-on growth strategy.”
Operating Partner John Dupuy, Vice President Matt Beesley and Associate Hannah Dickey worked alongside Langley on the transaction.
TVS was exclusively advised on the transaction by Founders Advisors LLC.
Terms of the deal were not disclosed.