M&A Deal Summary

CogneSense Acquires L&J Technologies

On July 30, 2024, CogneSense acquired manufacturer L&J Technologies

Acquisition Highlights
  • This is CogneSense’s 1st transaction in the Manufacturing sector.
  • This is CogneSense’s 1st transaction in the United States.
  • This is CogneSense’s 1st transaction in Illinois.

M&A Deal Summary
Date 2024-07-30
Target L&J Technologies
Sector Manufacturing
Buyer(s) CogneSense
Deal Type Add-on Acquisition

Target

L&J Technologies

Hillside, Illinois, United States
L&J Technologies designs, engineers, and manufactures precision industrial tank level gauging, equipment, control systems, and solutions for safety and compliance in bulk storage industrial tank applications. The company serves a diversified set of global customers across several growing markets, including petroleum, petrochemical, chemical, food, pharmaceutical, pipeline, steel, water, and wastewater treatment industries. L&J Technologies was formed in 1976 and is based in Hillside, Illinois.

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Buyer(S) 1

Buyer

CogneSense

Newport Beach, California, United States
Category Company
Sector Information Technology
DESCRIPTION

CogneSense is a next-generation Sensing and IoT company that specializes in providing valuable insights from the physical world to the Aerospace, Defense, Industrial, Healthcare and Environmental sectors. CogneSense is based in Newport Beach, California.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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