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Welcome COSA Xentaur

Written by Benjamin Mattejiet on . Posted in Nicht kategorisiert.

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.

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Welcome Tiger Optics

Written by Benjamin Mattejiet on . Posted in Nicht kategorisiert.

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.

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