Warburg Pincus completes acquisition of Sundyne
Sundyne, with its headquarters in Colorado designs and manufactures API compliant pumps and compressors, announced that Warburg Pincus has completed its acquisition from BC Partners Advisors LP and The Carlyle Group.
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,” said Chief Executive Officer Mark 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.”
The groups 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.
Sundyne focuses on the delivery of low-flow, high-head integrally geared centrifugal pumps and compressors as well the supply of safe and leakage-free sealless magnetic drive centrifugal pumps and diaphragm compressors.