SC&H Capital, a leading investment bank specializing in M&A advisory for middle-market companies, is pleased to announce that its client, Geiger Pump and Equipment (“Geiger”), has been acquired by Crane Engineering, a portfolio company of AEA Investors.
Geiger was formed in 1983 and has grown into the Mid-Atlantic’s premier distributor of industrial and municipal pump and process equipment. The Company represents best in class manufacturers in the pump industry including Goulds, Viking and Moyno, amongst others. Geiger’s line card also extends to ancillary product categories including sealing devices, mixers, vacuum pumps, fans, and blowers. Industry leading companies, regional and national engineering firms, and local water and wastewater treatment operations have all relied on Geiger’s team of experienced engineers and service professionals to support their application needs for over 40 years.
Crane Engineering, headquartered in Kimberly, Wisconsin with multiple locations across the Midwest, is a distributor of industrial-grade pumps, valves, filters, wastewater treatment equipment, and other fluid processing technology. Crane pairs its broad product line with a technical service offering to serve as a true value-added partner for its customers.
“The Geiger team is very excited to join forces with Crane Engineering and we look forward to leveraging the combined capabilities of two great companies to better serve our customers across the industrial and municipal sectors,” said Chris Brown, President of Geiger. “I want to thank the team at SC&H Capital that provided us with invaluable advice as we prepared for and navigated through the transaction process. I could not be happier with the outcome for our shareholders, employees, and customers.”
“Chris and the team at Geiger have built an impressive business and we were honored by the opportunity to advise the Board and shareholders on this important transaction,” said Greg Hogan, Managing Director at SC&H Capital. “Rapid consolidation continues in the pump distribution space and Chris and team are well positioned to achieve continued growth as a result of their partnership with Crane and AEA.”
Nemphos Braue, led by George Nemphos, served as legal counsel to Geiger.
About SC&H Capital
SC&H Capital is an investment banking and advisory firm specializing in mergers and acquisitions (M&A), employee stock ownership plans (ESOP), distressed M&A, capital raises, financial restructurings, and business valuations for middle-market companies nationally. SC&H Capital delivers services across numerous industries including technology, healthcare, manufacturing, consumer, business and professional services, and government contracting. We are recognized for delivering relevant market insights and tailored solutions to help owners achieve their true strategic value. To learn more, visit schcapital.com.
