Exit Strategies Group Advises Shepherd Controls in Sale

May 2023 – Exit Strategies Group is pleased to announce that it represented Shepherd Controls & Associates, a leading regional supplier of industrial automation products, in a recent sale to Flow Control Group, a portfolio company of KKR.

Shepherd Controls & Associates, founded in 1985 by Ron Shepherd and Bill Benko, is headquartered in Allen, Texas. The Company has branch offices in El Paso and Houston and serves the Gulf states and Mexico. It offers a broad portfolio of innovative industrial automation products including robotics, pneumatics, motion controls, sensors, safety, vision, machine framing and material handling technologies. Value-added services include technical support, vision system and robotic proof of concept, custom mixed technology systems design-build, panel building, kitting and sub-assembly production.

“Exit Strategies Group took the time to thoroughly understand our business and positioned us to achieve a very successful transaction,” stated Ron Shepherd, cofounder of Shepherd Controls. “They brought several candidates to the table who saw the value of our company, and their guidance throughout the process was spot on,” added cofounder Bill Benko.

Shepherd was advised by an Exit Strategies Group team led by founder and M&A advisor Al Statz. “We are delighted to have partnered with Ron and Bill and their leadership team. We were seeking an acquirer who recognized the value that the Shepherd team had created, would nourish Shepherd’s culture and provide opportunities for its employees, had a track record of successful acquisitions, and had a clear strategy for expanding the business further. FCG checked all of those boxes,” said Al.

This transaction demonstrates Exit Strategies Group’s expertise in lower middle market transactions and continued commitment to providing strategic valuation and M&A advisory services to North American industrial automation technology companies.  Our expertise spans all areas of automation, including custom machine building, product manufacturing and distribution, control system integration and repair services.

If you have questions or want information about Exit Strategies Group’s M&A advisory or business valuation services, please contact Al Statz at 707-781-8580 or alstatz@exitstrategiesgroup.com. Deal terms will not be disclosed.