Announced
Completed
Synopsis
Industrial Growth Partners, a private investment partnership, completed the acquisition of Process Insights, an online process analytics and measurement instrumentation holding company, from Union Park Capital, a private equity investment firm. Financial terms were not disclosed. “We are excited to partner with IGP and leverage their resources for strategic and operational support as we embark on our next phase of growth. IGP’s decades of industrial sector expertise, and specifically its track record with test & measurement businesses, stood out to the full management team as a true differentiator. We are confident that with IGP’s support, we will continue to grow Process Insights into a global leader of process instrumentation,” Monte Hammouri, Process Insights CEO.
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