Fort Capital Partners is pleased to announce that Smith Cameron Group (“Smith Cameron”) has been acquired by an industry leading US-based strategic buyer.
Smith Cameron is a leader in the distribution of pump and blower products in Canada with additional expertise in fluid sealing, chemical feed, pump parts manufacturing and sewer flow monitoring. The company provides complete life-cycle support for process equipment and value-added solutions to solve tough process challenges for its customers. Leveraging a large portfolio of leading OEM equipment brands, technical services, packaged systems integration capabilities and manufacturing facilities, Smith Cameron provides equipment rebuilds, precision parts and metallurgy upgrades within multiple industries including, Pulp & Paper, Water & Wastewater, Power Generation, Oil & Gas, Chemical Processing and Food & Beverage.
Smith Cameron was acquired in 2011 by an investment group led by Krystal Growth Partners and including CEO Tom Kramer. Since then, Smith Cameron made six acquisitions to expand its product and service offerings and grow its geographic reach to serve customers across Canada and in international markets.
Tom Kramer will continue as President of the company under the new ownership.
Fort Capital Partners acted as Financial Advisor to Smith Cameron.