M&A Deal Summary

Parameter Acquires RLE Technologies

On December 11, 2024, Parameter acquired technology hardware company RLE Technologies from May River Capital

Acquisition Highlights
  • This is Parameter’s 1st transaction in the Technology Hardware sector.
  • This is Parameter’s 1st transaction in the United States.
  • This is Parameter’s 1st transaction in Colorado.

M&A Deal Summary

Date 2024-12-11
Target RLE Technologies
Sector Technology Hardware
Buyer(s) Parameter
Sellers(s) May River Capital
Deal Type Merger

Target

RLE Technologies

Fort Collins, Colorado, United States
RLE Technologies is a provider of critical facility oversight and notification. RLE has delivered facility monitoring and leak detection technologies that prevent disasters, preserve our customers’ reputations, and provide peace of mind. RLE Technologies was founded in 1984 and is based in Fort Collins, Colorado.

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Buyer(S) 1

Buyer

Parameter

Fort Collins, Colorado, United States

Category Company
Sector Information Technology
DESCRIPTION

Parameter is a manufacturer of a comprehensive suite of monitoring and detection equipment for data centers and critical infrastructure end markets. Parameter is comprised of two brands, RLE Technologies (RLE) and NDSL Group (NDSL). Parameter is based in Fort Collins, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

May River Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2012
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

May River Capital is a Midwest US-based private equity firm focused primarily on control investments in profitable mid-sized companies located throughout North America. The Firm targets management buyouts, divestitures, recapitalizations, and ownership succession situations. Prospective companies generally have at least $3 million of EBITDA and valued up to $150 million. Sectors of interest include manufacturing, distribution, energy services, industrial, and non-branded consumer goods. May River Capital was founded in 2012 and is based in Chicago.


DEAL STATS #
Overall 9 of 10
Sector: Technology Hardware M&A 1 of 1
Type: Merger M&A Deals 1 of 2
State: Colorado M&A 1 of 1
Country: United States M&A 9 of 10
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-11 Parameter

Fort Collins, Colorado, United States

Parameter is a manufacturer of a comprehensive suite of monitoring and detection equipment for data centers and critical infrastructure end markets. Parameter is comprised of two brands, RLE Technologies (RLE) and NDSL Group (NDSL). Parameter is based in Fort Collins, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-15 Automated Handling Solutions

Chicago, Illinois, United States

Automated Handling Solutions is a provider of automation solutions, as well as specialized material handling equipment such as enclosed conveyor systems. AHS’ products serve customers in regulated end markets such as food and beverage, pharmaceutical, nutraceutical, specialty chemical, and general industrial processing. Automated Handling Solutions is based in Chicago, Illinois.

Sell -