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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 AG

Process Insights

Welcome COSA Xentaur

Welcome COSA Xentaur

PROCESS INSIGHTS ANNOUNCES THE ACQUISITION OF
COSA XENTAUR CORPORATION

BOSTON, MA – December 4, 2017.   Process Insights, a portfolio company of Union Park Capital, today announced the acquisition of COSA Xentaur Corporation (“COSA Xentaur”), a leading provider of sensors and analytical instrumentation for process measurement applications.  COSA Xentaur, the inaugural acquisition in Union Park’s newly created Process Insights Holdings, will represent the firm’s third platform investment, accompanying the already existing Industrial Physics Holdings and KPM Analytics Holdings family of companies.  Terms of the transaction were not disclosed.
 
Founded in 1982 by Christoph Mueller, COSA Xentaur combines the strength of over 30 years of experience in providing innovation measurement solutions for a wide range of industrial applications in petrochemical, energy, environmental, pharmaceutical, semiconductor and plastics industries.   
 
“We are truly excited to be joining the Union Park Capital family,” says Craig Allshouse, who will remain as President at COSA Xentaur.  “With Union Park, we will be able to continue to leverage our deep, market specific technical experience and application knowledge while continuing to bring innovative solutions to the market” he continued.
 
COSA Xentaur product and technology portfolio includes moisture and dew point measurement, laboratory based analytical instrumentation, laser-based technology, NMR technology, and BTU analyzers.  Through its highly advanced products and intelligent solutions, COSA Xentaur delivers, highly accurate, robust and cost-effective instrumentation systems for industrial process measurement and analysis. 
 
“COSA is an exceptionally innovative and technical company” notes Morgan Jones, Managing Partner of Union Park Capital.  “As an investment firm, we only invest in high quality instrumentation businesses solving unique industry problems.  Over the years, we’ve observed thousands of related companies, and COSA Xentaur stands out with world class measurement solutions. We are thrilled to start Process Insights, our third theme, with the acquisition of COSA Xentaur,” said Morgan.

About COSA Xentaur Corporation  

COSA Xentaur Corporation was founded in 1982 and is headquartered in Yahpank, NY with additional offices in Houston, TX and Hanau, Germany.  COSA Xentaur has a direct sales team in the US and Germany and a network of global distributors serving a worldwide customer base.  For more information visit www.cosaxentaur.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.

COSA Xentaur

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

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Welcome ATOM Instrument

Welcome ATOM Instrument

Process Insights Announces Acquisition of ATOM Instrument

Greensboro, NC – November 11, 2019.  Process Insights, an online process analytics and measurement instrumentation holding company, today announced the acquisition of the ATOM Instrument business assets (“ATOM”) from Singapore-based Advanced Holdings Ltd.

Headquartered in Houston, Texas, ATOM is a leader in engineering and manufacturing laboratory and online process elemental analyzers for total sulfur-nitrogen applications in liquids, solids and gases.  Backed by over 15 years of technology innovation and industry expertise, ATOM further expands Process Insights’ core gas and liquid-phase online analysis and measurement product portfolio while adding total sulfur and total nitrogen capability to Process Insights’ technology mix.

ATOM will join COSA Xentaur Corporation, Alpha Omega Instruments Corporation, Hygrocontrol GmbH, LAR Process Analysers AG and Tiger Optics, LLC as another premium brand under Process Insights.  Process Insights’ premium brands address the needs of customers for reliable online process monitoring, measurement, analytics, control and safety across a wide range of applications and end markets.  Process Insights’ total solutions help the customers in their mission critical applications to ensure safe operations, increase product quality, reduce disruptions and downtime, attain increasingly higher levels of process efficiency and throughput, and compliance with complex regulatory requirements.

“ATOM is a natural extension to Process Insights’ operating companies.  ATOM broadens Process Insights’ already robust portfolio of analytical instrumentation and technology” said Monte Hammouri, CEO of Process Insights.  “ATOM’s patented and proprietary technology, as well as its differentiated product portfolio add an important core capability to Process Insights.  ATOM has a successful history of providing high-quality, process and lab instruments and services that have delighted customers for over a decade.  Together, we continue to strengthen our position as a leading provider of online process analytical instrumentation to better serve our customers around the globe.”

“This is an exciting merger as the acquisition will open expanding growth opportunities for ATOM products, made possible by Cosa Xentaur’s long-standing reputation and global presence” said Franek Olstowski, President & Founder of ATOM.  “Becoming part of Process Insights will enable synergistic creativity and innovation, promoting continued development of new products and technologies, while the integration of our companies with common business philosophies and complementary products, will provide the industry with a more comprehensive offering of analytical instrumentation and measurement solutions.”

Process Insights

ATOM Instrument

Welcome Extrel CMS

Welcome Extrel CMS

Process Insights Announces Acquisition of Extrel CMS

Greensboro, NC – February 28, 2020. Process Insights, a portfolio company of Union Park Capital, announced today that it has acquired Extrel CMS, LLC (“Extrel”), the leading manufacturer of research and process mass spectrometers. Extrel, which is based in Pittsburgh, PA, will join Process Insights’ existing portfolio of process instrumentation manufacturers including, COSA Xentaur, Alpha Omega Instruments, Hygrocontrol, LAR Process Analysers, Tiger Optics, and ATOM Instrument as another premium brand within Process Insights. Terms of the transaction were not disclosed.

Extrel has over 50 years of technology innovation and a global customer base across large research and national labs, chemical, refining and pharmaceutical industries. The company was founded in 1964 as Extranuclear Laboratories created by Ted Brackmann and Wade Fite, professors from the University of Pittsburgh, to provide innovative power supplies for mass spectrometry. In 1985 Extranuclear Laboratories became Extrel Corporation to further focus on analytical mass spectrometry products and later in 2004 became Extrel CMS, LLC. Extrel’s products help organizations continuously identify and quantify various molecular components in process environments to ensure safe operations, increase process efficiency and product quality, reduce disruptions and downtime, and attain compliance with numerous and complex regulatory requirements.

“Extrel is a perfect addition to our other Process Insights’ companies. The products and technology are highly complementary to our other businesses and will help us offer a complete solution to our customers,” said Monte Hammouri, CEO of Process Insights. “Extrel’s state-of-the-art mass spectrometers, as well as its after-sales service organization will enhance Process Insights and strengthen our position as a leading provider of process analytical instrumentation. The history and reputation of the Extrel brand as a technical and market leader is second to none. We are thrilled to welcome Extrel to the Process Insights family.”

“I believe that Extrel has great opportunity to take its excellent products and people and reach new markets and customers. Process Insights brings resources and capabilities to support Extrel’s discovery of its potential. As a Process Insights company, Extrel looks forward to working with these businesses to achieve the next chapter of success” added Luke Kephart, President of Extrel.

Process Insights

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Extrel CMS

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COVID-19 / CORONA-VIRUS

COVID-19 / CORONAVIRUS

We are here for you without restrictions!

LAR takes all necessary measures to ensure a
smooth processing of your orders and after sales services.

A Message To Our Stakeholders

Dear Valued Customers,
Dear Valued Partners,

In these uncertain times, we wanted to inform you about what we are doing here at LAR and Process Insights to support you and your analytical measurement challenges. As the situation around novel coronavirus (COVID-19) continues to evolve, we are doing everything we can to ensure your analyzers’ uptime and provide maximum flexibility. For this reason LAR offers a comprehensive range of remote services and support. At Process Insights, we have imposed health and safety policies to limit the potential spread of infection. Our target is, to serve you – as our valued customers and partners – the same high standards as usual.

#StayHealthy

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