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Welcome Alpha Omega

Welcome Alpha Omega

PROCESS INSIGHTS ANNOUNCES THE ACQUISITION OF ALPHA OMEGA INSTRUMENTS

BOSTON, MA – December 8, 2017.   Union Park Capital, a Boston based private equity firm focused on lower middle-market industrial technology investments, today announced the acquisition of Alpha Omega Instruments (“AOI”), based in Lincoln, RI.  The business manufactures process measurement and control instrumentation primarily, trace and percent oxygen analyzers and transmitters.  AOI will operate as an independent operating entity under Union Park’s Process Insights Holdings platform.  Terms of the transaction were not disclosed.
 
“We’ve known Richard and his business for some time,” said Morgan Jones, Managing Partner of Union Park Capital.  “After watching from the sidelines with admiration for many years, we are truly excited about adding AOI to our family of companies.  We believe it is an excellent fit with our process analytics platform and the addition of oxygen analysis to our product offering will enable us to better serve our global customer base.”
 
“The Union Park Capital team is keeping my employees in place and providing them the tools, resources and capital to grow the business,” said Richard Buonauito, Founder and President of AOI.  “I’ve built a relationship on trust over many years with Morgan and his team.  Working with them was a pleasure, and I am confident that this transaction represents the ideal outcome for both customers and employees.”
 
In keeping with Union Park’s historical business practice, AOI will remain in Lincoln, RI.  “We will continue to build upon the Alpha Omega Instrument brand that Richard and his team have created over the last 25 years.” Morgan continued.
 
About Alpha Omega Instruments  
Founded in 1990 by Richard Buonauito and Stanley Hayes, Alpha Omega Instruments manufacturers and designs solutions for process measurement and analysis.  The product portfolio consists of trace and percent oxygen analyzers and transmitters, safety monitors (oxygen deficiency and carbon dioxide) carbon dioxide analyzers, and moisture monitors. They are used by industrial, government, and educational institutions around the world for process optimization and safety applications.  For more information visit www.aoi-corp.com.
 
About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies.   Union Park takes a long-term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering.   Union Park Capital is based in Boston, MA and has extensive investments and expertise in the analytical instrumentation sector.  For more information, visit www.union-park.com.

Process Insights

Welcome LAR

Welcome LAR

PROCESS INSIGHTS ANNOUNCES THE ACQUISITION OF LAR PROCESS ANALYSERS

BOSTON, MA – January 18, 2018. Union Park Capital, a Boston based private equity firm with focus on lower middle-market industrial technology investments, today announced the acquisition of LAR Process Analysers AG (“LAR”), located in Berlin, Germany. LAR develops and manufactures water analyzers for industrial, environmental and municipal applications based on highly differentiated high-temperature combustion technology. LAR will join Cosa Xentaur Corporation and Alpha Omega Instruments as an independent operating entity under Union Park’s newly created Process Insights Holdings platform.

“We are very excited about this acquisition,” notes Morgan Jones, Managing Partner of Union Park Capital. “LAR is a perfect example of everything we look for – the business has product differentiation, a strong brand name and a highly technical workforce with deep application knowledge. Today LAR has an incredibly strong presence in Europe, but as part of Process Insights, LAR will be able to expand internationally taking advantage of a global sales network.”

“The Union Park Capital team has extensive experience investing in family owned European businesses, specifically in Germany,” said Dr. Werner Arts, Founder and Chairman of LAR. “They have a proven track record not only of success, but also of trust and integrity. I believe LAR has found an ideal home at Union Park and Process Insights.”

The strategic announcement comes just weeks after Union Park announced the acquisition of Cosa Alpha Omega Instruments late in 2017. LAR, together with the other business units within Process Insights, will continue to develop and invest in cutting-edge technologies in process analysis. As usual with Union Park’s historical business practice, LAR will remain in Berlin, Germany.

About LAR Process Analysers AG

Established in 1986 by Dr. Werner Arts in Berlin, Germany, LAR develops and manufactures advanced solutions for water analysis. The company’s key competence is the measurement of various water parameters – concentrating on TOC, TC, TOD, COD, BOD, TNb and toxicity – based on high-temperature combustion analyzer. In addition to its German Headquarters, LAR has opened a regional support office in China. For more information visit www.lar.com.

About Union Park Capital

Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies. Union Park takes a long-term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA and has extensive investments and expertise in the analytical instrumentation sector. For more information, visit www.union-park.com.

LAR Process Analysers

Process Insights

Welcome Tiger Optics

Welcome Tiger Optics

PROCESS INSIGHTS ANNOUNCES THE ACQUISITION OF TIGER OPTICS, LLC

BOSTON, MA – June 15, 2018. Union Park Capital (“UPC”), a Boston based investment firm focused on industrial technology, has acquired Tiger Optics, LLC (“Tiger”), a pioneer in the use of Cavity Ring-Down Spectroscopy (“CRDS”) and leading manufacturer of laser-based spectroscopy gas analyzers and air monitors. Terms of the transaction were not disclosed.

Tiger Optics, based in Warrington, PA, will operate as an independent entity under Process Insights (“PI”), a UPC investment focused on process analytics and measurement instrumentation companies. Process Insights includes, Cosa Xentaur Corporation, Alpha Omega Instruments, LAR Process Analysers, and now Tiger Optics.

Founded in 2001 by Lisa Bergson, Tiger offers a wide and proven array of customer-lauded trace gas analyzers and air monitors used in high purity industrial gas, semiconductor, laboratories, life science and various other end markets. Based upon CRDS, Tiger’s instruments provide outstanding detection capabilities with continuous self-calibration and no consumables required.

“Tiger Optics is a great addition to the Process Insights family of businesses,” said Monte Hammouri, CEO of Process Insights. “The products and technology are highly complementary to our other businesses and will help us better serve our customers through a more complete product offering. We are thrilled to welcome Tiger to the family.”

“We are very excited about the future of Tiger Optics and the partnership with Union Park Capital and Process Insights,” commented Steven Geserick, Director of Operations. “With Process Insight’s existing resources, we will not only be able to develop new ideas faster but can bring our existing solutions into new adjacent markets,” added Erika Coyne, President of Tiger Optics. Erika will assume the President role and Steven will continue on as Director of Operations.

About Tiger Optics

Founded in 2001, Tiger offers gas analyzers, as well as atmospheric and cleanroom monitors based on Cavity Ring-Down Spectroscopy (“CRDS”) technology, a breakthrough discovery by Professor Kevin Lehmann, Ph.D., of Princeton University. Tiger Optics is headquartered in Warrington, PA in the Philadelphia suburbs. From the cleanest of semiconductor fabs to the harshest coal-fired power plants, Tiger analyzers work to improve yields, reduce costs, and simplify regulatory compliance. For more information, visit www.tigeroptics.com.

About Process Insights

The companies of Process Insights manufacture instruments focused on process analytics, control, and safety. Process Insights premium brands are used across a wide range of applications and end markets to ensure safe operation, increase product quality and to attain higher levels of efficiency in process industries. Sensors, instrumentation, and software used in these applications are mission-critical to reduce disruptions, downtime, and lost productivity, all while managing increasing regulatory complexity and cost in industrial processes. For more information, visit www.process-insights.com.

About Union Park Capital

Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies. Union Park takes a long-term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA and has extensive investments and expertise in the analytical instrumentation sector. To learn more, visit www.union-park.com.

Tiger Optics

Process Insights

A Message from our CEO

A Message from our CEO addressing the recent Events in the US

A Message to our Stakeholders

DATE:      07 January 2021

TO:          Our Team Members Worldwide
                Our Customers Worldwide
                Our Channel Partners Worldwide
                Our Supply Chain Partners Worldwide

FROM:    Monte Hammouri
                Chief Executive Officer

CC:          Neil Hekking – Chief Financial Officer
                Joe Schwab – Chief Commercial Officer

RE:          Process Insights Update

 

Dear All,

First, I wish all of you a happy, safe and prosperous new year.  The past 11 months proved to be very trying times for all of us both professionally and personally.  But despite the mounting challenges throughout 2020, most of you were able to rise to the occasion, went above and beyond for the collective good, overcame the challenges and delivered your best in a year that tested even the most resilient of us.  All your effort culminated in a strong showing for Process Insights in 2020 despite the colossal obstacles.

As we embark on 2021, we still face many of the same challenges that we dealt with in 2020.  We are still in the thick of the battle with the Coronavirus (“COVID-19”) pandemic worldwide.  But we have all learned to deal with it creatively and bring back a certain feel of normalcy to our personal and professional lives.  Also, there is now great hope with the new vaccines being rolled out, and the end to the pandemic appears to be within reach perhaps later in 2021.

The recent tragic events from this week in the US may have created a perception of uncertainty, chaos and turmoil especially for our employees, customers, channel partners and supply chain partners who reside outside of the US.  First and foremost, I want to be clear that we, at Process Insights, condemn and reject violence in all its shapes and forms and are truly saddened by this week’s events.  We are committed to providing a safe and respectful environment for all of us to collaborate, always driven by the highest standards of integrity.  The American people, our democracy, our nation, our economy and our security all remain very resilient, very stable and very sound in the face of any challenge thrown at them.  While the worldwide news media coverage portrayed these events in incredibly alarming tones, I assure you that there’s a greater sense of security and stability of the American system here on the ground in the US that may not be clearly broadcasted in the media.

I am personally confident that our team worldwide will continue to deliver outstanding performance in 2021 and beyond, just like they have in the past, cementing Process Insights’ position as a top-tier, global contender in our served markets worldwide.  We are proud that our team members come from across the globe, with diverse backgrounds, experiences and perspectives.  This diversity makes us stronger.  But despite our differences – in geography, culture, language, experience and business – we are one company united by a shared commitment to excellence.  Our talent and diversity are, and will continue to be, core to our success.  I expect 2021 to be a banner year for Process Insights, our customers and our business partners worldwide.

I wish you all a happy, healthy, safe and prosperous 2021.

All my Best,

Monte

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