Investment supports organic growth and M&A at leading tech-enabled facility maintenance services platform

Tencarva Machinery Company ("Tencarva" or the "Company"), the Southeast's premier value-added distributor of, and service provider to, flow control and process equipment solutions to industrial and municipal end-markets, announced today that it has acquired Tri-State Coating & Machine ("Tri-State").

Legacy Restoration (“Legacy” or the “Company”), a leading provider of exterior restoration and remodeling services, and Southern Roofing and Renovations (“Southern”), a Memphis-based provider of exterior restoration and remodeling services specializing in roofing, today announced a merger between the two companies.

Legacy Restoration (“Legacy” or the “Company”), a leading provider of exterior restoration and remodeling services, and Janney Construction (“Janney” or “Janney Roofing”), an Orlando-based provider of exterior restoration and remodeling services, specializing in roofing, announced today that they have reached a definitive agreement for Janney to merge with Legacy. Legacy is a portfolio company of Bessemer Investors.

Greensboro, NC, August 22, 2022 – Tencarva Machinery Company (“Tencarva” or the “Company”), the Southeast’s premier value-added distributor of flow control and process equipment solutions and services to the industrial and municipal end-markets, announced today that it has acquired Fischer Process Industries (“Fischer Process”), a leading distributor of pumps, valves and process equipment. Fischer Process’s existing management team, including President Ken Fischer, will remain with the company. Tencarva is a portfolio company of Bessemer Investors LLC (“Bessemer”), a New York-based investment firm. Financial terms of the transaction were not disclosed.

Bessemer Investors LLC (“Bessemer”), a New York-based investment firm, announced today that it has made a strategic investment in RotoCo, LLC (“RotoCo” or the “Company”) headquartered in North San Diego County, CA. RotoCo is the largest franchisee of the Roto-Rooter Plumbing and Drain Service in the US and Canada, with branches and franchises in California from Sacramento to San Diego. Bessemer is partnering with RotoCo’s existing management team, including Founder and CEO, Jim Holcomb, and President, Brian McCann, who will both continue to lead the Company in their current roles. Financial terms of the transaction were not disclosed.

MELBOURNE, Fla., Dec. 20, 2021 /PRNewswire/ — Pet Flavors, LLC (“Pet Flavors” or the “Company”), a market-leading producer of pharmaceutical grade flavor bases and palatants used in chewable pharmaceuticals for pets, and Bessemer Investors LLC (“Bessemer”), a New York-based investment firm, announced today that Bessemer has made a significant investment in Pet Flavors. Bessemer is partnering with the Company’s founder, Mark Pieloch, who will remain with the Company as its President. Financial terms of the transaction were not disclosed.

GREENSBORO, N.C., Nov. 18, 2021 /PRNewswire/ — Tencarva Machinery Company (“Tencarva” or the “Company”), the Southeast’s premier value-added distributor of flow control and process equipment solutions and services to the industrial and municipal end-markets, and Bessemer Investors LLC (“Bessemer”), a New York-based investment firm, announced today that Bessemer has agreed to make a significant investment in Tencarva. Bessemer will partner with Tencarva’s existing management team, including President Ed Pearce, who will continue leading the Company, to support the Company’s growth. Financial terms of the transaction were not disclosed.

PLYMOUTH, Minn., Aug. 9, 2021 /PRNewswire/ — Legacy Restoration (“Legacy” or the “Company”), a leading provider of exterior restoration and remodeling services, and Bessemer Investors LLC (“Bessemer”), a New York-based investment firm, announced today that Bessemer has acquired Legacy. Bessemer has partnered with Legacy’s management team to provide liquidity to selling shareholders and capital to support the Company’s growth through organic initiatives and acquisitions. Founder and CEO, Scott Mullins, and Legacy’s management team will continue leading the Company as a stand-alone platform. Financial terms of the transaction were not disclosed.