Cirus Controls, LLC has been acquired by Certified Power, Inc.
Cirus Controls, LLC announced that is has been acquired by Certified Power, Inc., a leading value-added distributor and provider of engineered fluid power and machined solutions.
Based in Minneapolis, MN, Cirus Controls designs, engineers and manufactures electronic spreader controls, central hydraulic systems, advanced plow controls and innovative telematics-based performance management systems for the winter road maintenance industry. Recognized for its award winning technology, Cirus Controls’ highly engineered solutions enable fleet managers to accurately and cost effectively manage snow and ice removal across North American roadways.
Certified Power will look to Paul Mortell, founder and President of Cirus Controls, to continue to lead the business. Mr. Mortell will be a valued addition to the Certified Power leadership team on a go-forward basis. With respect to the acquisition, Mr. Mortell said: “The employees at Cirus Controls are very proud of the Company we have built and are excited to become part of the Certified Power team. This combination enables us to continue the Cirus Controls legacy, better serve our customers and provide even greater opportunities for our employees.”
Certified Power’s management team seeks to create a best-in-class provider of engineered fluid power and machined solutions. In addition to investing internally in expanding the Company’s operations, management is actively looking for add-on acquisitions that provide enhanced opportunities for both companies’ customers, vendors and employees.
Senior advisors of Franklin Partners, Inc. acted as exclusive financial advisor to Cirus Controls, LLC and its shareholders.