May River Capital acquires Hunt Valve
Private US equity firm May River Capital has acquired Hunt Valve, a fluid power engineering company specialising in severe duty valves and components.
May River plans to invest in the company to build a platform that will accelerate the company’s profitable growth.
Brad Sterner, Hunt Valve’s new president and CEO, said the company’s history of supplying severe-duty valves to the metals industry and US Navy provides a solid foundation to expand in Hunt’s core markets, as well as new sectors that include energy, transportation, process, and oil and gas.
Hunt is currently working with industrial blue chip customers, along with naval boat contractors Electric Boat and Huntington Ingalls Industries, and the US Navy.