Global leader in the design and manufacture of API compliant pumps and compressors, Sundyne, has been acquired by top private equity firm Warburg Pincus from BC Partners Advisors L.P. 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 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.
Sundyne operates in Europe, the Middle East, India, Japan, China and throughout Asia manufactures centrifugal pumps and compressors for use in hydrocarbon processing, chemical processing, power generation, industrial, and high-pressure water applications