Motion & Control Enterprises completes 3rd acquisition this year

with purchase of Instrument Associates, Inc.

Zelienople, PA – August 31, 2021—Motion & Control Enterprises (“MCE”) announced
today that it has acquired Instrument Associates, Inc. (“IA”).

IA is a full service, stocking distributor of products and solutions for instrumentation
(including fittings, valves and tubing), steam traps, filtration and process control.
Founded in the 1940s and based in Alsip, IL, IA employs 22 associates, servicing
industrial markets in IL and IN. As a division of MCE, the Company will continue to
operate under the Instrument Associates name with the same employees and suppliers.

“We are excited to welcome the Instrument Associates team to MCE”, said Charles
Hale, Chairman & CEO of MCE. Hale further noted that “IA’s products are a natural fit
with MCE’s fluid power and flow control capabilities and will position the combined
business to provide a broader range of mission-critical, highly-engineered solutions to
our consolidated customer base”.

Jay Fregeau, owner and CEO, of IA, commented that “this combination will allow us to
continue executing our growth plans, utilizing the resources provided by MCE”. He
added that “this is a great outcome for our associates, customers and supplier partners.”

About Motion & Control Enterprises
Founded in 1951, MCE is a leading supplier of technical fluid power, flow control,
compressed air and lubrication products, services and solutions. The company services
more than 12,000 MRO and OEM customers from 13 distribution centers and 16 retail
locations across the Great Lakes, upper Midwest and beyond.

The company is majority-owned by Frontenac, a Chicago-based private equity firm that
invests in middle market buyout transactions in consumer, industrial and services
markets. For more information, please visit www.frontenac.com.