GREENSBORO, N.C., April 2, 2025 /PRNewswire/ -- Tencarva Machinery Company ("Tencarva"), the Southeast's premier value-added distributor and service provider of flow control and process equipment solutions to industrial and municipal end-markets, announced today that it has acquired Atlantic Valve & Equipment ("Atlantic Valve"). Atlantic Valve is a manufacturer's representative for leading valve brands serving the municipal and industrial water/wastewater markets of Virginia, North Carolina, South Carolina, Maryland, Washington, D.C. and West Virginia. Tencarva is backed by Bessemer Investors, LLC ("Bessemer"), a New York-based investment firm. Financial terms of the transaction were not disclosed.

Headquartered in Richmond, VA, Atlantic Valve provides gate valves, butterfly valves, plug valves, hydraulic/electric control valves, and ductile iron fabrications and fittings, from brands such as Kennedy Valve, Clow Valve, M&H Valve, ITT Fabri, Onyx Valve, Ross Valve, McWane Ductile, Tyler Union and Clearwater Manufacturing. Atlantic Valve's management team will continue in their roles under Tencarva.

Ed Pearce, President of Tencarva, said, "The addition of Atlantic Valve deepens our municipal coverage in the Southeast and Mid-Atlantic regions, while expanding our line card with leading valve manufacturers. We were impressed both with the Company's high-quality leadership and its technical sales talent, who maintain strong local relationships with contractors, engineering firms and municipalities. This strategic acquisition underscores Tencarva's commitment to being a premier provider of industrial and municipal pump distribution and services across the country."

"As a like-minded organization with a stellar reputation in the industry, Atlantic Valve will mesh nicely with the culture at Tencarva," said Bohdan Tyshynsky, Principal at Bessemer. "Both geographically and in terms of product lines, the acquisition serves Tencarva's growth strategy, and we are pleased to support the company's continued expansion."

Tencarva continues to actively seek strategic partnerships with industry-leading industrial and municipal flow control and process equipment distribution and service companies. Please contact Andrew Mendelsohn (mendelsohn@bessemer.com) or Bohdan Tyshynsky (tyshynsky@bessemer.com) to learn more. 

About Tencarva Machinery Company
Tencarva was founded in Greensboro, North Carolina in 1978 with the mission of distributing and servicing pumps and associated liquid handling equipment to industrial customers. Tencarva has increased its capabilities, added new suppliers, expanded geographies and enhanced its product portfolio, entering the municipal market in 2006. Today, Tencarva employs over 580 employees, including over 125 employee shareholders, across 35 locations in the Southeast and Midwest. Tencarva also goes to market under the following brands: Southern Sales, Saladin Pump & Equipment, Hudson Pump & Equipment, ESSCO Service & Sales, Fischer Process, Uniguard Machine Guards, Tri-State Coating & Machine, and Detroit Pump & Mfg. Co. For more information, please visit https://www.tencarva.com.

About Atlantic Valve & Equipment
Founded in 2010, Atlantic Valve & Equipment provides valves, ductile iron fabrications and fittings, and other liquid handling equipment to the municipal and industrial water/wastewater markets of Virginia, North Carolina, South Carolina, Maryland, Washington, D.C. and West Virginia. For more information, please visit https://atlantic-valve.com.

About Bessemer Investors
Bessemer Investors is a New York-based investment firm focused on partnering with middle market businesses to support growth and enhance value creation. Bessemer differentiates itself by combining a long-term, flexible capital base with a team of experienced private equity professionals. This approach offers unique solutions to Bessemer's partners and the flexibility to maximize long-term value. For further information, please visit https://www.bessemerinvestors.com.

Contact:
Lambert by LLYC
Joanne Lessner, jlessner@lambert.com, 212-222-7436
Caroline Luz, cluz@lambert.com, 203-570-6462

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SOURCE Bessemer Investors