Exit Strategies Group Announces Successful Acquisition of Tri-Phase Automation

(Milwaukee, WI) – Exit Strategies Group, Inc. is pleased to announce that it recently served as exclusive M&A advisor to the shareholders of Tri-Phase Automation, IMAC Motion Control and i-Tech (“Tri-Phase”) on their successful sale to Flow Control Group (FCG), a portfolio company of KKR & Co. Tri-Phase is a leading regional automation solutions provider in the upper Midwest. The acquisition expands FCG’s geographic footprint and custom control panel capabilities in the industrial automation segment of their business. Deal terms were not disclosed.

Founded in 1992 by Matt Miller, Tri-Phase is a leading value-added distributor and integrator of industrial automation technologies serving Wisconsin and Illinois. The firm provides advanced industrial automation technologies from many premier global manufacturers, including motion control, robotics, vision systems, machine controls, safety and sensors, and electrical panel components. Tri-Phase also designs and builds custom industrial control panels, sub-assemblies, and mixed technology systems. Its engineers serve as an extension of their client’s engineering departments to solve technical problems, reduce time to market, increase productivity and profits, maximize investment returns, and gain a competitive edge in their marketplace.

“Our relationship with Exit Strategies began with them providing an independent value and sale-readiness assessment about a year before we went to market. Al’s insights were invaluable in helping us position the company for a more successful sale,” said Matt Miller, founder and CEO of Tri-Phase. “Their sale process produced several strong offers, and they were instrumental in helping us choose the right partner and negotiate and close a deal that met the needs of our entire team.”

Flow Control Group is a leading solutions provider focused on technically oriented products and services for the flow control, fluid handling and process and industrial automation sectors with locations throughout North America. As a critical intermediary between suppliers and customers, FCG’s distribution and technical services serve an essential function in the movement of mission critical components to a diverse array of end markets and applications.

“Exit Strategies is incredibly pleased to have partnered with Matt Miller and the Tri-Phase shareholders. Tri-Phase Automation is an innovative company doing important work, and we share many of the same values. We are delighted to have helped them navigate this process and we wish them all the best in the future,” said Al Statz, President of Exit Strategies Group. “This deal illustrates Exit Strategies’ continued commitment to providing strategic valuation and M&A advisory services to U.S. industrial automation technology companies.”

Exit Strategies Group (ESG) is a California-based provider of strategic merger and acquisition advice and execution, and business valuation services. Founded in 2002, with offices in San Francisco and Portland, ESG represents private companies on the sell-side and works with private equity, public and private companies and family offices on the buy-side. Our industry expertise spans all areas of industrial automation products and services. Since inception, ESG has advised on well over 100 M&A transactions. For more information visit www.exitstrategiesgroup.com