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Acquisition Announcement: Ives Equipment Corporation

Zelienople, PA - June 3, 2024 —Motion & Control Enterprises (“MCE”) announced today that it has acquired Ives Equipment Corporation (“Ives” or the “Company”).

Founded in 1954 and based in King of Prussia, PA, Ives is a valued-added distributor of process valves and instrumentation solutions throughout eastern and central Pennsylvania, Delaware, Maryland, southern New Jersey, Washington DC, and Virginia. Ives serves diverse end markets including industrial gas, federal & defense, engineering & construction, food manufacturing, and pharma & biotech. The company will continue to operate under the Ives Equipment name under the continued leadership of Terry Ives.

“We are thrilled to welcome the talented Ives associates to the MCE team,” said Charles Hale, Chairman & CEO of MCE. “For 70 years, Ives has represented leading flow control suppliers and has successfully served OEM and end-user customers in the Mid-Atlantic region. By combining our resources and expertise, this acquisition expands our growing flow control footprint and positions the combined business to provide an even more comprehensive suite of highly-engineered solutions to our valued customers."

Terry Ives, Ives’ former owner, commented, “As the industry evolves, joining MCE creates greater growth for our company, providing a better future for our principals, customers, and our loyal employees. Ives Equipment is excited to be joining forces with Charley Hale and his team.”

About Motion & Control Enterprises
Founded in 1951, MCE is a supplier of technical fluid power, automation, flow control, compressed air products, filtration, service, and repair solutions. The Company serves more than 30,000 OEM and end-user customers from 54 facilities located in 16 states. For more information, please visit

About Frontenac
Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST®, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50+ years, Frontenac has built a franchise working with over 300 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit

About Ives Equipment Corporation
Ives is an industrial distributor of process valves and instrumentation products throughout the Mid-Atlantic, including valves, regulators, wireless products, flow meters, pressure gauges, control products, level instrumentation, sanitary products, temperature instruments, analytical products, electric heat trace, and biopharmaceutical products. For more information, please visit

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