Harrington Process Solutions, a specialty distributor of industrial flow control process solutions, has announced that it has entered into a definitive agreement to be acquired by Bain Capital Private Equity. Harrington will continue to operate as a standalone company and be led by its current management team. Financial terms of the private transaction with funds affiliated with Nautic Partners, which have owned Harrington since 2020, were not disclosed.
Founded in 1959 and headquartered in Chino, California, Harrington is a leading distributor of piping and other engineered fluid process products for corrosive and high-purity applications. The Company specializes in a variety of highly technical applications and products across categories including filtration, pumps, tanks, valves, and instrumentation. With over 60 locations across the United States, Harrington provides solutions to vendors in a wide array of critical industries, including semiconductors, water and wastewater management, chemicals, manufacturing, life sciences, and food and beverage processing.
The transaction is expected to close in the fourth quarter of 2023 and is subject to customary closing conditions, including requisite regulatory approvals.