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Arcline Investment Management completed the acquisition of Omega Engineering from Spectris for $525m.

Synopsis

Arcline Investment Management, a growth-oriented private equity firm, completed the acquisition of Omega Engineering, a manufacturer of industrial measurement equipment, from Spectris, a supplier of measuring instruments for research and industrial applications, for $525m. "I am confident this is an excellent move for Omega. Dwyer has a strong position in most of our key markets through its highly complementary portfolio of sensing, monitoring, and control products and solutions. Having spent time with key members of the Dwyer and Arcline leadership teams during the transaction process, I believe that we share similar cultures and values and that the acquisition represents a great opportunity for all stakeholders," Amit Agarwal, Omega President.

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