HOUSTON--(BUSINESS WIRE)--The Eads Company (www.eadslink.com) announced today it has completed the acquisition of Control Equipment Company (CEC) (www.cecsales.com), an Atlanta-based distributor of engineered products, primarily serving the petrochemical and other process industries.
Founded in 1953, Eads is a Houston-based provider of engineered flow control, instrumentation, filtration and related products and services to process-type businesses, such as refining, petrochemical, oil and gas production, and other industries utilizing highly specialized equipment.
CEC specializes in instrumentation, valves, heat tracing and automation solutions.
“The acquisition of CEC continues our expansion strategy and diversifies our customer base as we further grow our service footprint into Alabama, Arkansas, Georgia, Tennessee and Florida,” said Eads President Steve Albert.
According to Albert, “The additional product lines and customer base were naturally attractive to Eads, but it’s also important that the cultures align. CEC’s management team fits well with our culture, and we warmly welcome Chris Cameron and Tim Bishop to Eads.”
Eads is a portfolio company of The CapStreet Group, LLC (CapStreet). CapStreet is a Houston-based private equity firm that invests in growing middle market companies in Texas and other Sunbelt states and partners with management to accelerate growth and improve profitability. CapStreet made its initial investment in The Eads Company in May 2012.