NORWALK, Conn., July 5, 2022 /PRNewswire/ — Arcline Expense Management (“Arcline”), now introduced that it has concluded the acquisition of Omega Engineering Inc. (“Omega” or the “Company”) from Spectris plc (LSE: SXS). Omega is a primary service provider of sensing, control, and monitoring technologies and has joined the Dwyer Team of businesses (“Dwyer”), an Arcline portfolio firm.
Established in 1962, Omega is an set up global leader in the technical market, offering far more than 100,000 point out-of-the-artwork solutions for measurement and management of temperature, humidity, stress, strain, drive, circulation, stage, pH, and conductivity. Omega also presents a complete line of facts acquisition, heating, and tailor made-engineered items. Omega’s small business is thoroughly built-in, with in-home design and engineering, production, and distribution capabilities facilitating designed-to-buy solutions at attractive lead situations, positioning the Organization as a technological innovation lover of preference to method engineers globally.
“As a global leader in sensing and instrumentation systems, Omega is a logical, complementary addition to the Dwyer Team of organizations,” Arcline commented. “Omega brings temperature sensing technology management as very well as an revolutionary set of IIOT methods, which have large-ranging apps for Dwyer Group’s current sensing and instrumentation portfolio. Together, the put together companies present shoppers the broadest portfolio of really configurable temperature, force, movement, and amount methods for important natural environment and automation purposes.”
EC M&A served as fiscal advisor to Arcline.
About the Dwyer Team of Organizations
The Dwyer Team of organizations is made up of a collection of companies and manufacturers including Dwyer Devices, Enjoy Controls, Mercoid, WE Anderson, Proximity and UFM. Dwyer is a world leader in the structure and manufacture of innovative sensors and instrumentation alternatives for the IEQ, building automation, method and environmental markets. Founded in 1931, Dwyer is headquartered in Michigan Metropolis, Indiana, and has more workplaces in Asia, Europe and Australia. To learn much more about Dwyer Devices, visit www.dwyer-inst.com.
About Arcline Financial investment Administration
Arcline Investment decision Management is a growth-oriented non-public fairness business with $4.4 billion in cumulative funds commitments. Arcline seeks to commit in technological know-how-pushed, significant to the entire world industrial businesses that empower a much better long term. For more info take a look at www.arcline.com.
Contact (For Press Inquiries Only):
Joele Frank, Wilkinson Brimmer Katcher
Source Arcline Investment Management