LITTLE ROCK, Ark. – The Stephens Group, LLC (“The Stephens Group”) announced today that it finalized its acquisition of Quality Valve, Inc. (“Quality Valve” or the “Company”) from Pfingsten. Terms of the transaction were not disclosed.
“We are thrilled to add Quality Valve to our family of companies,” said Grant Jones, Managing Director at The Stephens Group. We have a high degree of confidence in CEO Jody Dunn and the entire management team and the business they have built. We are looking forward to working together to execute on our shared vision to extend the leadership of this specialty distribution platform.”
“We are very excited to partner with The Stephens Group. Their team knows our industry and business model well and we look forward to working together to help accelerate our growth and continue building a market leading specialty distribution business,” said Quality Valve’s CEO, Jody Dunn. “I credit our success to our entire team. Every employee from operations to sales has built our business to where it is today, and I have full confidence in our team to execute on this next chapter with The Stephens Group.”
The transaction closed on December 6, 2022. The Stephens Group worked with Bryan Cave, LLP as legal counsel. Lincoln International acted as debt advisor and Audax Private Debt provided debt financing. BlackArch Partners acted as M&A advisor and Paul Hastings acted as legal advisor to Quality Valve.