M&A Deal Summary

Rochester Sensors Acquires Tekelek

On May 30, 2023, Rochester Sensors acquired test/measurement equipment company Tekelek

Acquisition Highlights
  • This is Rochester Sensors’ 3rd transaction in the Test/Measurement Equipment sector.
  • This is Rochester Sensors’ 1st transaction in Ireland.

M&A Deal Summary

Date 2023-05-30
Target Tekelek
Sector Test/Measurement Equipment
Buyer(s) Rochester Sensors
Deal Type Add-on Acquisition

Target

Tekelek

Shannon, Ireland
Tekelek designs and sells a wide range of liquid level sensors and brings deep expertise in non-contact ultrasound and free-space radar technology (hardware and firmware), including certified hazardous location devices. Tekelek also provides Rochester remote monitoring capability via cellular (CAT-M / NB-IoT) and LoRa products, which is particularly valuable for refined fuels delivery logistics software providers, where Tekelek’s hardware can expand and support the scope of their services. Tekelek was formed in 1995 and is based in Shannon, Ireland.

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Buyer(S) 1

Buyer

Rochester Sensors

Coppell, Texas, United States

Category Company
Sector Test/Measurement Equipment
DESCRIPTION

Rochester Sensors is a manufacturer of gauges and sensors that measure liquid levels of various fuels, including propane, gasoline and diesel for various applications, such as residential and commercial propane tanks, forklifts, RV’s, lawn and garden equipment, tractors and personal aircraft. Rochester Sensors is based in Coppell, Texas.


DEAL STATS #
Overall 4 of 4
Sector: Test/Measurement Equipment M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Ireland M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 Concept Technology

St. Louis, Missouri, United States

Concept Technology is a manufacturer of sensors that measure liquid levels for commercial refrigeration applications. Concept Technology was founded in 1981 and is based in St. Louis, Missouri.

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