Zelienople, PA - July 1, 2024 —Motion & Control Enterprises (“MCE”) announced today that it has acquired Romanoff Industries, Inc. (“Romanoff” or the “Company”).
Founded in 1979, Romanoff is a distributor of new, used, and refurbished electric motors sold to end-users and resellers across the US. The Company is based in Toledo, OH and has an additional location in Henderson, NV to service the western United States. The Company will continue to operate under the Romanoff Industries name under the continued leadership of Jay Romanoff.
“We are very excited to welcome the talented Romanoff associates to the MCE team,” said Charles Hale, Chairman & CEO of MCE. “For 45 years, Romanoff has been a trusted resource in the electric motor industry by offering one of the largest inventories of used and surplus electric motors in North America.” Hale continued by noting “that our combined resources and expertise will expand our offering of highly-engineered solutions designed to solve our customers’ most challenging requirements."
Jay Romanoff, Romanoff’s former owner, commented, “joining forces with MCE and their group of companies will present tremendous opportunities for Romanoff Industries and our dedicated, hardworking employees. We will benefit from the vast resources that MCE provides to continue servicing the needs of our customers and expanding our presence in the electric motor world.”
About Motion & Control Enterprises
Founded in 1951, MCE is a supplier of technical fluid power, automation, flow control, rotating equipment products, filtration, service, and repair solutions. The Company serves more than 30,000 OEM and end-user customers from 56 facilities located in 17 states. For more information, please visit mceautomation.com.
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 frontenac.com.
About Romanoff Industries
Romanoff is a distributor of new, used, and refurbished electric motors to end-users and resellers across the US. For more information, please visit romanoffindustries.com.