Warburg Pincus seals Sundyne acquisition
Private equity firm Warburg Pincus has completed its acquisition of Sundyne from BC Partners Advisors LP and The Carlyle Group.
Arvada, Colorado-headquartered Sundyne manufactures centrifugal pumps and compressors for hydrocarbon processing, chemical processing, power generation, industrial, and high-pressure water applications.
Sundyne’s current management team led by CEO Mark Sefcik, will continue under Warburg Pincus’ ownership.
“All of our channel partner agreements remain in place and all of our product brand names remain,” said Sundyne CEO Mark Sefcik. “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.