San Diego, CA, November 29, 2023 — Objective, Investment Banking & Valuation (“Objective”), an award-winning middle market investment banking and valuation firm, is proud to announce its role as the exclusive sell-side advisor in the sale of Fluid Components International (“FCI”) to Process Sensing Technologies (“PST”), a portfolio company of AEA Investors. This acquisition marks a significant expansion for PST into the flow meters segment of the industry, leveraging FCI’s reputation for high-quality, dependable products used in chemical, water and wastewater, oil and gas, power, aerospace, and nuclear power applications. This strategic acquisition by PST not only enhances their capabilities but also aligns with their existing expertise, paving the way for new opportunities and advancements in their field.
FCI stands out for its over five decades of expertise in offering superior performance, quality, and durability that surpass industry standards. The California-based company employs a dedicated team of more than 200 professionals under the leadership of President Randy Brown and his talented management team.
Regarding the acquisition, Randy Brown, President of FCI, who will continue in his capacity, expressed his gratitude: “We’re extremely fortunate to have partnered with PST. Objective was instrumental in this process, offering expert financial advice that aligned with our strategy and goals. They understood our unique needs and helped us make informed decisions. I’d like to extend my gratitude to Objective for their consistent support, proactive approach, and for ensuring that every decision we made was in support of our target goals.”
Dan Shea, Managing Director of Objective and leader of the Manufacturing & Distribution Practice, shared his thoughts on the collaboration: “I am immensely pleased to have been a part of FCI’s journey towards this significant milestone in their company’s evolution. It’s been a rewarding experience to work closely with such a dedicated group, who are committed to excellence in their field. This step with PST is a testament to FCI’s potential for ongoing growth and success, and I am eager to see the continued advancement of their innovative endeavors.”
About Objective, Investment Banking & Valuation
At Objective, Investment Banking & Valuation (“Objective”) our firm’s name embodies our core mission: Your Objective Is Ours. Objective Investment Banking & Valuation is a leading investment banking and valuation firm offering Sell-Side M&A and Valuation Advisory Services for middle market companies. Founded in 2006, Objective’s seasoned professionals have collectively executed over 500 M&A advisory engagements and thousands of business valuations. Objective operates as two distinct practices: Investment Banking and Valuation. Our Investment Banking practice specializes in sell-side advisory services for middle market companies across our core industry practice groups: Business Services, Consumer, Healthcare Tech & Services, Life Sciences Services & Tech, Manufacturing & Distribution, and Technology. Learn more and find industry specific resources at objectivecp.com.
About Fluid Components International
Fluid Components International (FCI) is a world leading manufacturer of thermal mass flow meters, flow and level switches, and sensors solutions for industrial processes and plant operations, on-board aircraft, and nuclear power plants applications. FCI products deliver accuracy and reliability to the world’s most demanding processes and industries including chemical, oil and gas, power and energy, water and wastewater, pharmaceutical, pulp and paper, nuclear power, aerospace, and many more. For more information, visit fluidcomponents.com.
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For Immediate Inquiries:
Dan Shea
Managing Director, Investment Banking
(310) 903‑2163
Disclosure
The above testimonials may not be representative of the experience of other customers and is not a guarantee of future performance or success.
This news release is for informational purposes only and does not constitute an offer, invitation or recommendation to buy, sell, subscribe for or issue any securities. While the information provided herein is believed to be accurate and reliable, Objective Capital Partners and BA Securities, LLC make no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. All information contained herein is preliminary, limited and subject to completion, correction or amendment. It should not be construed as investment, legal, or tax advice and may not be reproduced or distributed to any person. Securities and investment banking services are offered through BA Securities, LLC Member FINRA, SIPC. Principals of Objective Capital are Registered Representatives of BA Securities. Objective Capital Partners and BA Securities are separate and unaffiliated entities.
