Blackstone – Flow Control Holdings

WA-10037

Velocity I Purchaser, Inc. (an affiliate of various funds advised and/or managed by affiliates of Blackstone Inc.) (**Purchaser**) proposes to acquire 100% of the equity interests in FCH Intermediate Holdings, Inc and FCH Intermediate II Holdings, Inc (together, **Flow Control**) from FCH Preferred Issuer, L.P., minus rollover interests held by the Seller and Flow Control’s management (the **Acquisition**). The Purchaser will exercise sole control over Flow Control following the Proposed Transaction. Flow Control is a US-based company that manufactures and supplies sanitary flow control solutions for the data centre cooling, food & beverage and pharmaceutical sectors. These products are primarily used to transport and control the flow of liquids in hygiene-sensitive industrial environments. Flow Control’s products include stainless steel weldment systems, fittings, tubes, pumps, valves, hoses, single-use assemblies, gaskets, and washdown equipment. Flow Control has no subsidiaries, employees, assets or physical presence in Australia, but makes limited sales of its products to a small number of Australian customers primarily in the food & beverage and pharmaceutical sectors, through third-party distributors. Blackstone is a US-based corporation, incorporated under the laws of Delaware, United States. Blackstone operates as an investment management firm.