Houlihan Lokey Advises Cat Pumps

Houlihan Lokey is pleased to announce that Cat Pumps has been acquired by Franklin Electric. The transaction closed on September 8, 2026.

Cat Pumps, based in Minneapolis with global operations, is a market leader in high-pressure plunger and piston pumps serving growing commercial and industrial applications, including industrial cleaning, reverse osmosis and water treatment, vehicle cleaning, energy, specialty vehicles, and other commercial and industrial markets.

Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers worldwide in residential, commercial, agricultural, industrial, municipal, and fueling applications.

Houlihan Lokey served as the exclusive financial advisor to Cat Pumps and assisted in initiating, structuring, and negotiating the transaction on its behalf. This transaction highlights our continued success advising market-leading industrial technology and specialty distribution businesses, as well as our success delivering superior client service with outstanding results.

RELATED: Industrial Technology, Specialty Distribution, Mergers and Acquisitions