DFW Capital Partners (“DFW”) is pleased to announce that it recently completed an equity investment in Superior Controls, Inc. (“Superior Controls”). Superior Controls is the Northeast’s leading provider of mission-critical systems integration and automation services primarily to the fast-growing biotechnology industry. Joining DFW in the transaction was Superior Control’s two founders, Rick Pierro and Mark LaRoche, who continue in their current management roles and remain significant shareholders in the company.
DFW’s investment in Superior Controls will be the seventh platform company in its current fund, DFW Capital Partners IV, LP. Doug Gilbert, DFW’s Partner commented: “We are delighted to partner with Rick Pierro, Mark LaRoche and the entire Superior Controls team in helping them continue their outstanding history of growth and industry leadership. We are excited to help expand Superior Control’s capabilities and geographic footprint through strategic investments in the business.”
Superior Controls provides value-added engineering services that allow customers to configure, operate and maintain highly automated, technically advanced manufacturing lines with extremely tight tolerances and exacting operating parameters. For over 20 years, Superior Controls has developed proprietary expertise in performing integration, testing and FDA-required validation services to the market. “We founded Superior Controls on the simple principle that taking good care of our employees and partners would lead to growth and success with our customers,” says Mr. Pierro. “We are very pleased to be partnering with DFW and look forward to their support, vision and guidance in helping Superior Controls continue its tremendous growth and success.”
Alcentra Capital Corporation provided debt financing as well as an equity investment alongside DFW and management.
About DFW Capital Partners:
DFW Capital Partners is a private equity investment firm focused on lower middle-market companies. The firm concentrates on service companies, with an emphasis on healthcare and outsourced business and industrial support services. DFW is back by both institutional and high-net worth individual investors, and has established a 25+ year track record of success in building leading companies and delivering superior returns for its investors. DFW is headquartered in Teaneck, NJ, and maintains an office in Chevy Chase, MD. For more information, contract Keith Pennell, Managing Partner, at (201) 836-6000.