Vance Adds-on With Buy of United Process Control
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Vance Adds-on With Buy of United Process Control

upc nf1Micronics Filtration, a portfolio company of Vance Street Capital, has acquired United Process Control.

United Process Control (UPC) is a provider of baghouse inspection, mechanical repair, bag change outs and aftermarket parts to customers in the power, steel, cement, chemical, and food industries largely in the eastern and southeastern portions of the United States. A baghouse is an air pollution-control device designed to filter dust and other fine particles from coBAGHOUSEntaminated air in commercial and industrial facilities. UPC was founded in 1986 and is based north of Trenton in Hillsborough, NJ (unitedprocesscontrol.com).

“The addition of UPC significantly expands the depth and scope of our dry filtration system repair and maintenance capabilities, allowing us to better meet our aftermarket customers’ needs for engineered and technically complex mechanical repairs to their existing dry filtration systems,” said Micronics President and CEO Rick Weiler.

Micronics Filtration will integrate UPC with its C.P. Environmental (CPE) subsidiary which it acquired in March 2015. CPE provides filtration services and maintenance to the air filtration market, specifically the baghouse industry. The company is based near Chicago in Romeoville, IL (www.cp-environmental.com).

“With this transaction we also expand our footprint on the East Coast and into the southern portion of the United States. The combination of UPC and CPE underscores our commitment to dry filtration,” said Don Eldert, President of CPE.

Micronics Filtration, acquired by Vance Street in April 2013, is a provider of aftermarket and OEM filtration equipment and consumables for use in mining, chemical, wastewater and other industrial end markets. The company was founded in 1983 and is headquartered in Portsmouth, NH (www.micronicsinc.com).

Vance Street Capital makes control investments in companies with enterprise values up to $200 million. Sectors of interest include general industrial, aerospace & defense, and medical components and devices.  The firm is based in Los Angeles (www.vancestreetcapital.com).

© 2015 PEPD • Private Equity’s Leading News Magazine • 10-16-15

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