M&A Deal Summary

Relevant Acquires Loy Instrument

On December 23, 2024, Relevant acquired manufacturer Loy Instrument

Acquisition Highlights
  • This is Relevant’s 1st transaction in the Manufacturing sector.
  • This is Relevant’s 5th transaction in the United States.
  • This is Relevant’s 2nd transaction in Indiana.

M&A Deal Summary
Date 2024-12-23
Target Loy Instrument
Sector Manufacturing
Buyer(s) Relevant
Deal Type Add-on Acquisition

Target

Loy Instrument

Indianapolis, Indiana, United States
Loy Instrument is a provider of process control, combustion, and industrial solutions, serving a broad range of industries. Loy Instrument was founded in 1937 and is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

Relevant

Houston, Texas, United States
Category Company
Founded 1984
Sector Business Services
DESCRIPTION

Relevant is a compressed, oil-free air rental provider to end-users in a refinery, petrochemical, power generation, food and beverage, pharmaceutical, plastics, and other industrial settings. Relevant’s fleet can address a full spectrum of pressure and flow needs for its customers, which often operate in environments in which tailored solutions for oil-free air are required. Relevant was founded in 1984 and is based in Houston, Texas.

DEAL STATS #
Overall 5 of 5
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (Indiana) 2 of 2
Country (United States) 5 of 5
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-18 Control Specialists

Evansville, Indiana, United States

Control Specialists specializing in process instrumentation control, burner/boiler flame safeguard controls, and HVAC systems. Control Specialists was founded in 1983 and is based in Evansville, Indiana.

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