The investment strengthens Flow Technology's ability to help pharmaceutical and biotechnology manufacturers expand their production and face increasingly complex manufacturing requirements.
Flow Technology, provider of engineering process systems and integration solutions for the global life sciences industry, has announced a partnership with BW Forsyth Partners that will support the company's continued expansion in the United States and Europe and strengthen its ability to meet the changing needs of pharmaceutical and biotechnology manufacturers worldwide.
The partnership comes at a time when pharmaceutical and biotechnology companies are making significant investments in production capacity, advanced manufacturing technologies, and domestic supply chains. Flow Technology's expertise in downstream purification systems, filtration, and chromatography positions the company to support the increasingly sophisticated process infrastructure needed to manufacture next-generation therapies.
Flow Technology has recently secured two major projects in the United States for two prominent global biopharmaceutical manufacturers that are investing in their expansion in the country, reflecting the growing demand for specialized knowledge in process systems as global life sciences manufacturers invest in domestic production capacity and advanced manufacturing capabilities.
"For more than four decades, Flow Technology has been a trusted engineering partner for biopharmaceutical manufacturers, helping them execute complex projects safely, efficiently, and at scale," said Brian Holthouse, partner at BW Forsyth Partners. "We are excited to partner with the Charleville team to provide the necessary support to expand their capabilities, increase their presence in the United States, and continue delivering exceptional results to customers."
"The biopharmaceutical industry is entering a period of significant investments and innovation, and our clients need partners who can help them grow with confidence," said Kevin Whooley, CEO of Flow Technology. "This alliance allows us to continue investing in our team, strengthen our capabilities, expand our reach, and continue providing the engineering solutions that our clients depend on to achieve their manufacturing goals."
"At Forsyth, we have found a partner that shares our culture and our commitment to caring for our team, while reinforcing our dedication to engineering excellence and to the clients we have served for decades. This is a moment of pride for Flow Technology and we are excited about this new phase," said Tim Murphy, owner of Flow Technology.
Flow Technology will continue operating under its current management team, while leveraging the resources of BW Forsyth to support its future growth. The alliance also creates collaboration opportunities with Machine Solutions, Inc., a company that is already part of Forsyth and a manufacturer of precision manufacturing and automation equipment for the medical and life sciences industries, combining complementary technical and manufacturing expertise.
Together, the organizations are well positioned to help pharmaceutical and biotechnology manufacturers meet high-precision production requirements, while expanding access to engineering knowledge and essential process infrastructure to support the manufacturing of next-generation therapies.
Clearwater Ireland acted as exclusive Corporate Finance advisor to the seller in this transaction. Wallace Corporate Counsel acted as legal advisor to the seller, while Frame International, KTA, and Forvis Mazars provided other supporting services for the transaction.
CMD Global Partners acted as advisor to the buyer. The terms of the transaction have not been disclosed.
About Flow Technology
Founded in 1978 and based in Cork, Ireland, Flow Technology provides engineering process systems, skid integration, and related distribution and maintenance services to clients in the biopharmaceutical manufacturing, food, beverage, dairy, and distillery sectors. The company specializes in the design, manufacture, installation, and support of highly specialized engineering systems used in complex and regulated production environments. More information at flowtechnology.com.
About BW Forsyth Partners
BW Forsyth Partners is an investment firm based in St. Louis focused on developing large companies through people. The firm partners with founder- and family-owned businesses through long-term investments and operational support designed to create lasting value. For more information, visit bwforsyth.com.