Deal Details
Leonard Valve Is Acquired by A. O. Smith
Summary
LVC Holdco LLC (“Leonard Valve”), a portfolio company of Bessemer Investors (“Bessemer”), has been acquired by A. O. Smith Corporation (“A. O. Smith”) (NYSE: AOS) for $470 million.
Baird served as a financial advisor to Leonard Valve on this transaction.
About
Leonard Valve is a designer and manufacturer of water temperature control valves, digital and thermostatic mixing systems and monitoring devices used in institutional, commercial and industrial applications. Leonard Valve is recognized as a leader in digital and thermostatic mixing valve technologies, while its Heat-Timer brand provides advanced boiler controls and energy management solutions that optimize hydronic heating. Leonard Valve is headquartered in Cranston, Rhode Island.Bessemer is an investment firm focused on partnering with middle market businesses to support growth and enhance value creation. Bessemer differentiates itself by combining a long-term, flexible capital base with a team of experienced private equity professionals. This approach offers unique solutions to Bessemer's partners and the flexibility to maximize long-term value. Bessemer is headquartered in New York, New York.
A. O. Smith is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. A. O. Smith is one of the world's leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products. A. O. Smith is headquartered in Milwaukee, Wisconsin.
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- Date
- January 2026
- Company
- Leonard Valve
- Transaction
- M&A - Sellside
- Sectors
- Industrial
- Verticals
-
Flow, Motion and Power Technologies
Water & Filtration
- Target Geography
- North America
- Acquiror Geography
- North America
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