OAKBROOK TERRACE, IL – June 11, 2026 – Prairie Capital Advisors, Inc. (“Prairie”), a leading middle-market investment bank, acted as financial advisor to Kimray, Inc. (“Company” or “Kimray”) in its transition to an employee stock ownership plan (“ESOP”) company. Prairie acted as exclusive financial advisor in this transaction to Kimray and its shareholders and was led by Tom DeSimone and Joseph Labetti of Prairie. Terms of the transaction were not disclosed.
Kimray is an Oklahoma City, Oklahoma-based manufacturer of control equipment and flow-control solutions for the oil and gas industry. Founded in 1948, the Company designs and manufactures American-made valves, regulators, controllers, pumps and automation technologies that help producers improve efficiency, reliability and emissions performance. Through its engineering expertise, field service, technical training and global distribution network, Kimray supports energy producers worldwide in optimizing production operations. The Company is recognized for its high-quality products, customer-focused approach and long-standing commitment to innovation, sustainability and operational excellence.
Prairie worked closely with the leadership team and sellers, providing ESOP investment banking services, including managing the preparatory, due diligence, and negotiation phases of the transaction.
“For four generations, Kimray has been built by people who care deeply about our customers, our communities and one another. Employee ownership has been a long-held goal for our company because it aligns with the values that have guided us since our founding. This transaction ensures that the people who help create our success every day now have the opportunity to share in that success as owners while preserving the independence and culture that makes Kimray unique,” said Thomas Hill, CEO at Kimray, Inc.
Tom DeSimone, Managing Director at Prairie, said, “Kimray’s transition to employee ownership is a natural extension of the values that have defined the company for generations. Throughout the process, it was evident that leadership viewed employee ownership not simply as a transaction but as an opportunity to strengthen the Company’s future while recognizing the contributions of its employees. We are proud to have partnered with Kimray on this important achievement.”
“It was an honor to advise Kimray throughout this transaction. The transition to an ESOP reflects a thoughtful commitment to employees, customers and the future of the organization. We are excited to see them continue to thrive as an employee-owned business,” added Joseph Labetti, Vice President at Prairie.
About Prairie Capital Advisors, Inc.
Prairie is a leading financial advisory firm specializing in creating and executing ownership transition strategies for middle-market companies nationwide. In 2025, Prairie was named one of Grady Campbell’s Top 50 Investment Banks in the Middle Market. For more information, visit www.prairiecap.com.
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FOR IMMEDIATE RELEASE
Media Contact
Wendy Gugora, Director of Marketing
Prairie Capital Advisors, Inc.
630.413.5574
wgugora@prairiecap.com
