Announced
Completed
Financials
Tags
Private
Completed
Auto Parts
Majority
Friendly
Domestic
United States
Acquisition
Private Equity
automotive
Single Bidder
Synopsis
Arcline Investment Management, a growth-oriented private equity firm, completed the acquisition of Dwyer Instruments, a desinger and manufacturer of innovative controls, sensors and instrumentation solutions, from Clark Family Management. Financial terms were not disclosed. "The Clark family and the Dwyer team have built a strong brand with market-leading sensor and instrumentation solutions for process automation markets. We believe the Company's differentiated products position it well to serve the growing trend toward greater process automation, connected devices and improved indoor air quality and energy efficiency. We are excited to partner with management to steward the business in its next phase of growth," Arcline Investment Management commented.
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