LVL3 acquired Hoffman Instrumentation Supply.

LVL3, a private equity group located in Portland, acquired Hoffman Instrumentation Supply, a provider of components and systems used primarily in the semiconductor, aerospace and defense, government research laboratories, and other industries. No financial terms were disclosed. Jason Frank, Partner at LVL3 and now CEO of HIS, commented: “Corey Hoffman has transformed HIS into a strong platform for growth and we are thrilled to continue the work that has already started. We are excited that Corey will continue as a board member and will work closely with LVL3 to ensure a smooth transition and provide strategic guidance critical for growth. We believe that the combined experience of existing management, augmented with LVL3’s resources and experience in relevant markets, provides a unique opportunity for scale. HIS will continue to prioritize existing sale channels, while exploring new channels where it can translate core competencies.”