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Flow Control Group Receives Strategic Investment from KKR and Neuberger to Scale Industrial Distribution Platform

Industrial doesn’t usually get the spotlight, but it quietly runs the world while everyone else argues about software. Flow Control Group just reminded the market where real leverage lives, announcing that KKR and Neuberger Private Markets are doubling down with a joint acquisition, with KKR maintaining majority ownership and Neuberger stepping in with a significant minority stake. No valuation headlines, no vanity metrics, just conviction backed by scale and performance that already speaks loud enough.

Credit starts with David Patterson, Founder and Executive Chairman, who built Flow Control Group into a platform that understands something most overlook. Distribution is not about moving boxes, it is about controlling the arteries of industry. Raymond Aronoff, CEO and President, now carries that momentum forward alongside a leadership team that reads like a map of operational depth, with Hans Van Der Meulen as CFO, Fab Rasetti as CLO, Aaron Bridges leading Commercial Operations, Dwayne DeHaven driving Operations, Kelsey Rhodes overseeing Human Resources, Ryan Platt handling Corporate Development, and Karrie Williams shaping Marketing and Communications.

Then you get into the operators who actually keep the engine running across the network, Steve Ryan in Industrial Flow Control, Sean Defusco in Life Sciences, Rino Forgione at Preston Phipps, Tom Kramer at Smith Cameron Group, Tom Schiller in Automation, Will Quaglieri at Indelco, and Ed Guffee across Water and Wastewater. That is not a loose collection of titles, that is a system designed to move with precision across 1 of the most fragmented but critical sectors in North America.

Since KKR stepped in back in 2021, revenue and EBITDA have more than tripled. That does not happen because of a macro tailwind alone. That comes from tightening operations, expanding capabilities, and turning a network into something that behaves like a coordinated force instead of a loose federation. Over 1,000 technical sales professionals and 600 service technicians are not just headcount, they are field intelligence embedded where decisions actually get made.

Flow Control Group sits in the middle of water systems, life sciences, aerospace, food production, power, data centers, and automation. Not the flashy front end, but the part that fails if it is ignored. More than 3,000 suppliers feed into that ecosystem, and Flow Control Group turns that complexity into something customers can actually use.

KKR does not stay involved by accident. Neuberger Private Markets does not step in without seeing durability. This move signals something deeper, that the companies enabling infrastructure, not just building apps on top of it, are where long-term value compounds.