Global private equity firm Warburg Pincus completes the acquisition of Sundyne, designer and manufacturer of API compliant pumps and compressors, from BC Partners Advisors L.P. and The Carlyle Group. The acquisition was initially announced on January 6, 2020. Financial terms of the transaction were not disclosed. 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,” says Sefcik. “All of our channel partner agreements remain in place and all of our product brand names remain. We have already jointly identified a number of ways in which Warburg Pincus can help Sundyne accelerate growth and enhance opportunities for our customers, channel partners and employees.”
Sundyne and Warburg Pincus have launched a 90-day transition period to formally identify areas of opportunity for developing and funding strategic initiatives that will broaden product offerings and enhance customer services globally.
For more information, visit: www.sundyne.com
