Jordan Vonderhaar for The Texas Tribune
Fort Worth-based Eagle Automation, a leader in measurement and automation for industrial customers, announced the signing of an agreement to join forces with VanZandt Controls LLC of Midland.
Founded in 2015, VanZandt Controls is a distributor for valve automation, flow measurement, instrumentation, and controls, headquartered in the heart of the Permian Basin.
The new company will be headquartered in Fort Worth.
Featheringill Capital of Birmingham, Alabama, will be the owner alongside management.
“We are super excited to bring these two businesses together,” says Liz Pharo, managing partner of Featheringill Capital, in a statement. “Combined, we will be one of the largest woman-owned businesses to serve customers in the industrial market. Don Maness will be the CEO of the combined business. I am confident in his leadership. Don has over 30 years of experience in the industrial automation industry.”
Piper Sandler & Co. served as the exclusive financial advisor to VanZandt Controls.
Eagle Automation and VanZandt Controls will employ more than 200 with a combined 12 locations serving customers in Texas, New Mexico, Colorado, Oklahoma, Wyoming, Montana, Kansas, and Arkansas.
“The two businesses are very complementary,” says Maness. “VanZandt Controls is a premier distributor of valve automation, flow measurement, instrumentation and controls products with unmatched capability in valve production and machining. Eagle Automation is a world class systems integrator, services, application engineering, panel shop and board repair provider. Together, we are a complete lifecycle solutions and services provider. What we do for our customers is absolutely mission critical. Our combined offering and ability to impact a customer’s ESG initiatives will be unmatched in the industry.”
Eagle Automation (formerly SCADA Products) was founded in 2000 and has in operation a 24,000-square-foot panel shop in Fort Worth (formerly Texas Energy Control Products) on Blue Mound Road.