DFW Capital Partners is pleased to announce that its existing portfolio company, Superior Controls, a leading control system integrator of custom industrial automation and IT solutions, has merged with Banks Integration Group (“Banks Integration”), a leading systems integrator headquartered in Vacaville, CA outside San Francisco. The combination, which is the first investment of its kind for Superior Controls, closed on March 31, 2017.
Banks Integration will retain its name as it becomes a subsidiary of Superior Controls and will continue supporting its clients seamlessly through this transition. Banks Integration’s founder, Greg Banks, will continue his role as President and remains a significant investor in the company.
The transaction combines the talents of two of the most experienced and respected integration companies serving biotechnology and pharmaceutical companies. Customers will have unparalleled access and support of value-added engineering services, nationwide, to configure, implement and maintain highly automated, technically advanced and tightly controlled manufacturing processes under difficult regulated environments.
“We are very excited to be joining forces with the leading West Coast systems integrator for the biotech industry,” said Rick Pierro, Co-Founder and President of Superior Controls. “Greg and I have enjoyed working together for many years dating back to when I was president of the Boston Chapter of the International Society for Pharmaceutical Engineering (ISPE), and he was president of the San Francisco ISPE chapter. This is a wonderful opportunity to formally collaborate to better serve our customers with multiple offices from coast to coast.”
As of March 31, 2017, Banks Integration has 36 employees in the Bay Area which will be added to Superior Controls’ 77 employees. With over 100 experienced engineers, the combined company will be among the largest control system integrators in the country. Each of the companies has over two decades of experience in the biotech industry and extensive expertise in other industries, such as food and beverage.
“We are delighted to be combining with Superior Controls. This merger will enable us to better serve our customers throughout the country,” said Greg Banks. “We anticipate a smooth and exciting transition – this is a win-win for both companies, our employees as well as our clients.”
About Superior Controls, Inc.
Since 1993, Superior Controls, Inc. has reliably delivered professionally executed automation and control systems integration services to leading companies in 30 separate states and 15 countries. In addition to being six-time certified by the Control System Integrators Association (CSIA), Superior Controls has passed over fifty management and validation audits performed by industry leaders such as Pfizer, Biogen, GE Healthcare, and more. As Superior Controls now undergoes expansion, it will exhibit the same commitment to innovation and quality that customers have come to expect over the last 24 years.
About Banks Integration Group
Since being established in 1994, Banks Integration Group has always focused on the customer’s needs, using technology and creative solutions that best fit their operation. Focusing on the Life Science Industry, Banks has developed an excellent reputation for executing GMP projects on the West Coast. In 2010, Banks Integration Group became the only Life Science focused Rockwell Automation Solution Partner in California, and has since doubled in size to meet customer demand. For more information, visit www.banksintegration.com.
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 backed by both institutional and high-net worth individual investors, and has established a 20+ year track record of success in building leading companies, and delivering attractive returns for its investors. DFW is headquartered in Teaneck, NJ, and maintains an office in Chevy Chase, MD. For more information contact Keith Pennell, Managing Partner, at (201) 836-6000.