Cook Compression (a Dover Company)

  • Cook Compression (a Dover Company)

Detailed scope:

Cook Compression (CC) is a global resource for engineered compressor solutions, providing components, monitoring technology, diagnostics, repair and field services. Cook has ISO 9001 certified manufacturing centers, strategically located service facilities and technical sales representatives worldwide. Cook is part of Dover Corporation, a diversified manufacturer with annual revenues of over $8 billion.

Cook Compression purchased Klaus Enterprises (KE) in May 2013, a $10M Annual Gross Sales company. KE and its subsidiaries:

  • Manufacture and recondition gas compressor valves and components
  • Sell and repair mechanical seals and lubrication systems
  • Sell, services, repair and manufacture industrial components and equipment
  • Distribute related products critical to its core customers

 DCC was engaged to:

  • Conduct all Financial Due Diligence activities for CC pertaining to KE
  • Develop alternatives, recommendations and solutions for CC for any items of KE’s Financial and financial practices that don’t align with CC’s (i.e.: Depreciation, accruals, revenue recognition, capitalization, etc...)
  • Conduct and facilitate all post acquisition financial integration activities to ensure KE’s financial personnel and financials align with CC policies to ensure a smooth amalgamation
  • Act as interim CFO for KE to ensure financial integration into CC