Investment Summary

Accutrol Invests In Tek-Air Systems

On January 15, 2015, Accutrol invested in test/measurement equipment company Tek-Air Systems from Desco Capital

Investment Highlights
  • This is Accutrol’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Accutrol’s 1st transaction in the United States.
  • This is Accutrol’s 1st transaction in Connecticut.

Investment Summary

Date 2015-01-15
Target Tek-Air Systems
Sector Test/Measurement Equipment
Investor(s) Accutrol
Sellers(s) Desco Capital
Deal Type Acquisition Financing

Target

Tek-Air Systems

Danbury, Connecticut, United States
Tek-Air is a manufacturing company specializing in the application, design and manufacture of airflow measurement devices and control systems for critical heating and ventilating applications. Tek-Air serves the laboratory, hospital, education, and commercial building markets. Products produced include pivot and vortex shedding airflow measurement devices, fume hood controls, linear airflow control valves, space pressure controls, and laboratory control systems.

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Investor(S) 1

Investor

Accutrol

Monroe, Connecticut, United States

Category Company
Sector Manufacturing
DESCRIPTION

Accutrol LLC specializes in the manufacturing and distribution of innovative airflow technologies for critical environment airflow control.


DEAL STATS #
Overall 1 of 1
Sector (Test/Measurement Equipment) 1 of 1
Type (Acquisition Financing) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

Desco Capital

New Albany, Ohio, United States

Investor Investor Investor


Category Corporate Investor
Size Small
Type Sector Agnostic
DESCRIPTION

Desco Capital Partners (DCP) is a private investor group established to invest in US-based growth companies operating in a variety of industry sectors. Target investment situations include acquisitions, management buyouts, and growth capital financings. DCP will also consider distressed situations. DCP's investment horizon is three to seven years. The Firm will not invest in companies involved in oil & gas, real estate, retail sales or e-Commerce. DCP was formed in 1992 and is a unit of Desco Corporation. DCP is based in Columbus, Ohio.


DEAL STATS #
Overall 1 of 3
Sector (Test/Measurement Equipment) 1 of 1
Type (Acquisition Financing) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 3
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-09 Matting Technology

Granby, Quebec, Canada

Matting Technology is a manufacturer of vinyl-backed floor matting products, anti-fatigue mats and logo mats. Matting Technology is based in Granby, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-03 Republic Doors & Frames

McKenzie, Tennessee, United States

Republic Doors & Frames, Inc. is a manufacturer of hollow metal doors and frames, complementing Allegion’s Steelcraft brand and core business in the Americas region. Republic Doors & Frames was founded in 1931 and is based in McKenzie, Tennessee.

Sell -