Transaction Deepens Dry Filtration Service and Aftermarket Offerings
Portsmouth NH and Romeoville, IL – October 15, 2015 – Micronics Filtration Holdings Inc. (“Micronics”), a global provider of wet and dry filtration aftermarket products, services, and OEM equipment, announced today that it has acquired United Process Control, Inc. (“UPC”), a 30-year-old, full service provider of baghouse inspection, mechanical repair, bag change outs and aftermarket parts to customers in the power, steel, cement, chemical, and food industries largely in the eastern and southeastern portions of the United States. UPC will join forces with Micronics subsidiary C.P. Environmental (“CPE”), a leader in dry filtration service, maintenance, replacement bags and parts. Terms of the transaction were not disclosed.
“The addition of UPC significantly expands the depth and scope of our dry filtration system repair and maintenance capabilities, allowing us to better meet our aftermarket customers’ needs for engineered and technically complex mechanical repairs to their existing dry filtration systems,” said Micronics President and CEO Rick Weiler.
“With this transaction, we also expand our footprint on the East Coast and into the southern portion of the United States. The combination of UPC and CPE underscores our commitment to dry filtration,” added Don Eldert, President CPE.
“This transaction is a very exciting development for our company,” said Bob Marzoli, founder of UPC. “By joining forces with CPE and becoming part of the Micronics Holding family, we will be able to provide our customers with additional services nationwide and continue our strong growth.”
“In addition to the strategic value of this acquisition, we’re also excited to welcome the UPC team to the Micronics family,” said Mike Schmidt, CPE Service Leader. “They represent truly world-class talent and bring expertise and skilled resources that will contribute greatly as we continue to grow our dry filtration customer base.”
About United Process Control Inc.
Based in Hillsborough, New Jersey, UPC has been serving the dry filtration industry since 1986. Starting out initially as a filter bag reseller, UPC quickly expanded into the very important service and repair element of the business. UPC is a major service provider in a number of industries including power, steel, cement, chemical, and food processing with a significant presence in the eastern and southeastern parts of the United States. For more information please visit www.unitedprocesscontrol.com.
About C.P. Environmental
Headquartered in suburban Chicago, IL, CPE is a full-service maintenance, repair, engineering and design firm that offers a wide range of service and refurbishment capabilities to the air filtration market, specifically the baghouse industry. The company is a leading supplier of industrial air replacement parts and filters, maintenance, changeout, inspection, cleaning, repair and consulting services. The combination of these products and services enhances CPE customers’ productivity, profitability and reduces the amount of equipment downtime at their facilities. CPE is a wholly-owned subsidiary of Micronics Filtration Holdings, Inc., a Vance Street Capital portfolio company. For more information please visit www.cp-environmental.com.
About Micronics Engineered Filtration Holdings Inc.
Micronics Engineered Filtration Holdings Inc. is the parent company to Micronics Inc., Southern Filter Media, CP Environmental, AeroPulse, and now United Process Control. Founded in 1983, Micronics is an expert in liquid / solid separation. A worldwide authority on filter cloth, critical to optimizing any filter press application, Micronics helps customers reduce costs, increase efficiency and extend the life of their filtration equipment. Headquartered in Portsmouth, New Hampshire with operations in the UK, Micronics provides filter presses, standard or custom, and supports them with service, parts, filter cloths, filter plates, and refurbishment at competitive prices. In December 2014, Micronics entered the dry filtration industry with the acquisition of Southern Filter Media (SFM) based in Hixson TN, a leading provider of value high quality filter bags for bag house OEMs. In March 2015, CPE was acquired adding changeout, cleaning, inspecting, maintaining, repairing, and consulting services to its dry filtration customers. In September 2015, the assets of AeroPulse were acquired, providing further expertise for the repair and replacement of baghouses. Micronics Engineered Filtration Holdings is a portfolio company of Vance Street Capital, a Los Angeles-based private equity firm. For more information please visit www.micronicsinc.com.
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For More Information Contact:
Maya Pogoda Muirfield Partners