Harbour Group announced that Symmons Industries and Symmons Connected are now part of the Harbour Group family of companies. Financial terms of the transaction were not disclosed.
Symmons is a manufacturer of specification-grade plumbing products. The company’s product portfolio includes shower systems, faucets, valves, accessories, and repair parts for a range of end markets.
Symmons also provides smart water management solutions for commercial building applications through its Evolution AI-First software platform.
Founded in 1939, Symmons is based in Braintree, Massachusetts. The company is led by CEO Tim O’Keeffe, a third-generation member of the ownership family.
Harbour Group said Symmons has several new product launches and growth initiatives underway.
The firm also said its support, combined with Symmons’ foundation and team, will create opportunities for employees and customers.
Symmons said Harbour Group’s experience in flow control and building products, along with its operational expertise and ability to drive complementary acquisitions, will support its strategic growth plans.
Harbour Group is a privately owned operations-focused company based in St. Louis, Missouri.
The firm’s companies operate across manufacturing and distribution in sectors including control solutions, remote monitoring, specialty fittings, diagnostic and repair tools, specialty chemicals, outdoor living products, thermal management, and other industries.
Since its founding in 1976, Harbour Group has acquired 236 companies across 51 industries.
KEY QUOTES:
“The O’Keeffe family and Symmons team have built an outstanding business. We are humbled that Tim and his family have partnered with us for the next phase of the company’s growth. Symmons has several new product launches and growth initiatives under way. Those programs, combined with its strong foundation, great people, and our support will create exciting opportunities for the employees and customers of Symmons.”
Jeff Fox, Chairman and CEO of Harbour Group
“Harbour Group has demonstrated repeated success in the flow control and building products sectors. We believe that their operational expertise and ability to drive complementary acquisitions will enable us to accelerate our strategic growth plans. It was exceptionally important to me and my family to select the best partner to create opportunities for our people and enhance our brand and family’s legacy, and we’re confident we have found that with Harbour Group.”
Tim O’Keeffe, CEO of Symmons
