DwyerOmega Advances with PST Acquisition, Expanding Global Sensing Solutions
Deal News | Nov 21, 2024 | Arcline
DwyerOmega, a portfolio company of Arcline Investment Management, recently acquired Process Sensing Technologies Ltd. (PST), marking a significant expansion of its sensing and instrumentation portfolio. PST is known for its suite of sensors, analyzers, and monitoring solutions used in various industries including pharmaceutical, medical, aerospace, and energy. The acquisition enhances DwyerOmega's product offerings and increases its position in multiple regions through a combination of PST's technologies with DwyerOmega's existing solutions. Barclays served as the financial advisor for the acquisition. Both companies share a commitment to innovation and quality in measurement technologies, further strengthened by this union. This strategic move aims to position DwyerOmega as a preferred provider of precision measurement solutions worldwide.
Sectors
- Measurement Instrumentation
- Private Equity
Geography
- United States – DwyerOmega is based in Michigan City, Indiana, USA, where the acquisition announcement was made.
- United Kingdom – Process Sensing Technologies Ltd. is based in Ely, Cambridgeshire, UK, contributing to the geographical relevance.
- Europe – PST has operations across Europe, further indicating a key geography involved.
Industry
- Measurement Instrumentation – The article focuses on the acquisition of PST, a company specializing in measurement and monitoring solutions, by DwyerOmega, which designs and manufactures sensing and instrumentation solutions.
- Private Equity – Arcline Investment Management is the private equity firm backing DwyerOmega, leading to this strategic acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DwyerOmega | Acquiring Company | Company | A portfolio company of Arcline Investment Management, focused on sensing and instrumentation solutions. |
| Arcline Investment Management | Private Equity Firm | Company | The private equity firm backing DwyerOmega in its strategic acquisitions. |
| Process Sensing Technologies Ltd. (PST) | Target Company | Company | A leading provider of measurement instrumentation and monitoring solutions for process-critical applications. |
| Barclays | Financial Advisor | Company | Served as the financial advisor to DwyerOmega in connection with the acquisition. |