January, 2025

Edgewater Growth Capital Partners V, L.P. is pleased to announce its portfolio company, Flow Control Management, Inc. (“FCM”), has acquired Master Packing & Rubber Company (“MPRC” or the “Company”). Founded in 1982 and headquartered in Cedar Rapids, IA, MPRC is a manufacturer and supplier of gaskets and seals to the agricultural transport and processing markets.

“We are thrilled to be adding MPRC to our portfolio,” said Phil Pejovich, CEO of FCM. “This acquisition expands our offering, by now including highly attractive, heavy MRO gasket and seal products into our portfolio. In addition, it strengthens our presence in the agriculture value chain.”

FCM is actively targeting acquisitions of flow control companies that comprise additional product and service adjacencies.

About Flow Control Management

FCM is a leading manufacturer and distributor of safety and mission-critical MRO flow control products, serving essential end markets. To learn more please visit FCM’s website at www.flowcontrolmanagement.com.