Motion & Control Enterprises Acquires Salentine Pump & Equipment

MCE’s third acquisition this year expands its presence across Wisconsin and Minnesota markets

ZELIENOPLE, PA

Motion & Control Enterprises (“MCE”) has acquired Salentine Pump & Equipment (“Salentine”), a distributer of engineered pumps, parts, and repair solutions. Terms of the transaction were not disclosed.

Based in Menomonee Falls, WI and founded in 1980, Salentine serves customers across food & beverage, personal care, agricultural, and general industrial markets in Wisconsin and eastern Minnesota. Salentine will retain its name and continue to operate under the leadership of Mike Salentine post-close.

“We are happy to announce this acquisition which expands our pump and process solutions footprint in our core Wisconsin market” said Charles Hale, Chairman & CEO of MCE. “Salentine’s longstanding customer and supplier relationships are a nice addition to our existing Wisconsin operations. By combining forces, we believe we are well positioned to better serve the complex flow and fluid power requirements of our combined customer base.”

Mike Salentine commented, “The combination of Salentine and MCE creates opportunities for greater growth, providing exciting future prospects for our suppliers, customers, and employees. We are excited to be joining forces with the MCE team.”

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 33,000 OEM and end-user customers from sixty-two facilities in 18 states. For more information, please visit mceautomation.com.

ABOUT SALENTINE PUMP & EQUIPMENT

Based in Menomonee Falls, WI, Salentine Pump & Equipment distributes highly engineered pumps, parts, and repair solutions. The Company was founded in 1980 by Bob Salentine and serves end-user, OEM and Engineering, Procurement, and Construction (EPC) customers across food & beverage, personal care, agricultural, and general industrial markets in Wisconsin and eastern Minnesota. More information can be found on the Company’s website at www.salentinepump.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 55 years, Frontenac has built a franchise working with over 350 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit www.frontenac.com.