Arcline Investment Management completes acquisition of Omega Engineering Inc.

Arcline Investment Management, today announced that it has completed the acquisition of Omega Engineering Inc. from Spectris plc. Omega is a leading provider of sensing, control, and monitoring technologies and has joined the Dwyer Group of companies, an Arcline portfolio company.

Founded in 1962, Omega is an established global leader in the technical marketplace, offering more than 100,000 state-of-the-art products for measurement and control of temperature, humidity, pressure, strain, force, flow, level, pH, and conductivity. Omega also offers a complete line of data acquisition, heating, and custom-engineered products. Omega's business is fully integrated, with in-house design and engineering, manufacturing, and distribution capabilities facilitating made-to-order products at attractive lead times, positioning the Company as a technology partner of choice to process engineers worldwide.

"As a global leader in sensing and instrumentation technologies, Omega is a logical, complementary addition to the Dwyer Group of companies," Arcline commented. "Omega brings temperature sensing technology leadership as well as an innovative set of IIOT solutions, which have wide-ranging applications for Dwyer Group's existing sensing and instrumentation portfolio. Together, the combined businesses offer customers the broadest portfolio of highly configurable temperature, pressure, flow, and level solutions for critical environment and automation applications."

EC M&A served as financial advisor to Arcline.