ETech makes a successful bid to acquire Superior Controls amid increasing demand for automation services in the life science industry.
Seabrook, NH – April 18, 2019 – Superior Controls, Inc., a leading Life Sciences control system integrator of custom industrial automation and IT solutions with 135 engineers and professionals on both the east and west coasts, today announced the company has been acquired by E-Technologies Group (ETech), an Ohio-based control system integration firm founded in 1993. ETech is owned by Falfurrias Capital Partners (FCP), a Charlotte-based private equity firm. ETech has also purchased Glenmount Global Services, headquartered in Austin, TX, in October of 2018. In April 2017, Superior Controls merged with Banks Integration Group, and the acquisition of the combined company is a strategic move by FCP to enhance the strengths and growth opportunities of its three industrial automation subsidiaries.
Superior Controls Co-founder and President Rick Pierro will continue as president of Superior Controls’ life sciences solutions vertical, reporting to ETech CEO Ralph Carter, and will also join the ETech board. Superior Controls will retain its name and maintain the company’s focus in serving the life sciences industry.
“The addition of Superior Controls significantly expands the breadth and depth of ETech’s engineering talent and capabilities as well as our ability to serve customers regardless of where they are located and whenever their needs arise,” said Carter. “We are thrilled to welcome Rick and Superior Controls to the ETech team.”
With the addition of Superior Controls, ETech becomes one of the nation’s leading providers of automation software and systems integration and engineering design services with approximately 400 employees, including 350 engineers.
“We are excited to join the ETech family of companies,” said Pierro. “Superior Controls, its customers and employees will all benefit from the synergies of working with our new sister companies. Following this acquisition, we will continue our efforts to grow, open new offices, and obtain new clients while continuing to provide tremendous service to our existing clients.”
As the leading control systems automation provider in the U.S. life sciences industry, Superior Controls was a key acquisition for ETech, who has seen an increasing demand for industrial automation due to rapid adoption of automation technology and robust growth in the industry.
“ETech has developed an excellent formula for growth and stability,” Pierro said. “The new corporation pairs a portfolio of multiple successful system integrators with complementary markets and strengths, strong management, and talented engineering teams who serve an increasing demand for automation amongst our clients.”
About Superior Controls, Inc.
Since 1993, Superior Controls, Inc. has reliably delivered professionally executed automation and control systems integration services to leading biotech and pharmaceutical companies in 36 states and 15 countries. In addition to being seven-time certified by the Control System Integrators Association (CSIA), Superior Controls has passed over fifty quality management and validation audits and is a Rockwell Automation Solution Partner. With the 2017 addition of Banks Integration Group, a ten-year Rockwell Automation Solution Partner on the West Coast, the company works nationally with industry leaders such as Pfizer, Biogen, GE Healthcare, Genentech, Gilead and more. Superior Controls and Banks Integration Group have four engineering offices located in Seabrook, New Hampshire, Albany, New York, Vacaville, California and South San Francisco, California. To learn more, visit www.superiorcontrols.com.
About E-Technologies Group
ETech is a West Chester, Ohio-based provider of software and automation systems integration founded in 1993 by Steve Veldhuis and Doug Fagaly. The firm provides innovative high value engineering solutions to global manufacturing and logistics fulfillment customers. The firm specializes in automation, information systems, machine safety, machine and process modeling, and simulation across multiple industries utilizing current and emerging technologies. ETech propagates a partnering mentality with its customers, drives a best-in-class strategy amongst its vendors, and cultivates its high-performance staff, whom is dedicated to delivery of measurable business results to meet or exceed customers’ needs. To learn more, visit, www.etech-group.com.
About Falfurrias Capital Partners
Falfurrias Capital Partners is a Charlotte-based private equity investment firm founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America, and Marc Oken, former CFO of Bank of America, and Managing Partner Ed McMahan. The firm is focused on acquiring or investing in a diverse portfolio of growth-oriented middle-market companies. By leveraging the extensive strategic and operational experience and business relationships of the firm’s principals, Falfurrias Capital Partners is positioned to be a value-added partner for both its portfolio companies and its limited partners. For more information, visit www.falfurriascapital.com.