Financial News

Penn Pump Acquires Alyan Pump and Federal Pump, Expanding Manufacturing Capabilities and Market Reach

Penn Pump and Equipment Company, a Peak Capital Company, today announced the acquisition of Alyan Pump in Pennsylvania and Federal Pump in New York. This acquisition aligns with Penn Pump's commitment to growth through strategic expansion of its capabilities and strengthens Penn Pump's position as a leading manufacturer of specialized pump systems. It also expands its product portfolio and enhances its ability to serve a broader customer base across various industries.

"We are incredibly excited to welcome Alyan Pump and Federal Pump into the Penn Pump family," said Ronald Myer, President, Peak Capital Company. "Over the last 75 years, both companies have earned a reputation for delivering high-quality products and parts to their customers. We are eager to build upon that distinguished heritage. This acquisition allows us to leverage our core manufacturing strengths and increase our engineering capabilities to further innovate and grow these respected brands. We are committed to investing in their continued success, enhancing their product offerings, and providing even greater value to our customers."

The integration of Federal Pump and Alyan Pump is expected to create new opportunities for product development that will enhance Penn Pump’s market leadership and provide greater value to Peak Capital’s portfolio of companies.

The financial terms of the transaction were not disclosed.

About Penn Pump and Equipment Company

Founded in 1976 and based in Pennsylvania, Penn Pump, has provided custom booster pump systems for all applications, as well as other plumbing parts.

About Alyan Pump

Founded in 1955 and based in Pennsylvania, Alyan Pump manufactures packaged pump systems.

About Federal Pump

Founded in 1927 and based in New York, Federal Pump manufactures pumps and pump systems used in commercial, multi-family residential, and light industrial buildings.

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