SADDLE BROOK, N.J. - PumpMan Holdings, a Soundcore Capital Partners, LLC portfolio company, successfully completed the acquisition of the assets of Brooklyn, New York-based Federal Pump. Serving New York City's five boroughs and parts of New York State for more than 90 years, Federal Pump manufactures pump systems and provides service & repair in the metro area.
Leveraging the acquired assets of the company, PumpMan Holdings serves the commercial, industrial, and municipal markets in the Tri-state area.
"This acquisition is an extremely important piece of growing PumpMan into a national service and repair business," said Donald Devine, President and CEO of PumpMan Holdings. "With Alyan Pump in Philadelphia and the addition of Federal Pump in New York, PumpMan's service and repair footprint now covers a large portion of the Northeast Corridor, allowing us to address our customers' needs quickly and efficiently."
Post-close, Christopher Murtagh, President of Federal Pump, will serve in the same role and lead the new company.
"The acquisition of Federal Pump provides a wealth of growth and opportunity," Murtagh said. "Federal Pump's longstanding presence in the New York market opens the door for opportunity, backed by the resources of a nationwide pump system, service and repair company to help accelerate our growth."