SDR Ventures Advises Integrity Controls on Acquisition by JICI
SDR Ventures is pleased to announce that Integrity Controls Inc. (“Integrity Controls”) has been acquired by JICI, LLC (“JICI”). SDR served as the exclusive sell-side advisor to Integrity Controls throughout the transaction process.
For 24 years, Integrity Controls has been a preferred supplier of valves, filters, piping, instrumentation and process measurement products in the Rocky Mountain Region. The Company services many industries, including oil & gas, water/wastewater, power, bio-pharmaceutical, original equipment manufacturers (OEMs), food & beverage and aerospace. Integrity Controls is headquartered in Englewood, Colorado and prides itself on excellent customer service as well as design-build assistance and engineering expertise.
“When I co-founded the business as the Western Measurement Company in 1994, we were a small operation with only five product lines, but we’ve expanded over the years to now carry approximately 25 product lines, including filtration,” said Integrity Controls’ former owner and co-founder, Kevin Foster. “The SDR team was able to locate a qualified buyer with relevant industry knowledge, which we ultimately pursued over other offers for the business. I’m confident JICI will be the best fit for the Integrity Controls team and customers going forward.”
“It was a pleasure working with Kevin Foster on this transaction, and I’m excited that we were able to help him achieve his goals,” stated SDR Director Mike Grande. “The Integrity Controls team brings a level of expertise to its customers that many other industrial products distributors simply don’t possess. I’m confident the new ownership will maintain this service level as it grows the business.”