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New Deal


Announced

Completed

Industrial Growth Partners completed the acquisition of Process Insights from Union Park Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Machinery: Industrial

Domestic

Private

Completed

Single Bidder

testing and analytical instruments

Acquisition

Majority

Private Equity

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Synopsis

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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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