Edgewater acquires Ace Sanitary, Inc.
Edgewater Growth Capital Partners IV, L.P. is pleased to announce that its portfolio company Flow Control Holdings, LLC (“FCH” or the “Company”) has acquired Ace Sanitary, Inc. (“Ace Sanitary”). Ace Sanitary is a provider of flexible hose products for sanitary and high purity applications serving the food, beverage and pharmaceutical markets. In addition to the flexible hose products marketed under the Flex-Rite™ and Seal-Rite™ brands, Ace Sanitary offers a variety of flow control fittings, assemblies and equipment.
The Company is led by Dr. Phil Pejovich, a highly accomplished senior executive who has more than 25 years of commercial, operational and acquisition experience in the flow control industry.
FCH is actively targeting acquisitions of flow control component companies in the food, beverage and pharmaceutical end markets.