Industrial Physics (Union Park) Acquires C&W Specialist Equipment Ltd.

KKR Acquires Industrial Physics from Union Park Capital

July 19, 2023

Manufacturing

Investment funds managed by KKR agreed to acquire Industrial Physics from Union Park Capital. Industrial Physics is a global manufacturer of testing, inspection and measurement instruments serving food & beverage, packaging, medical and other industrial markets; KKR plans to support growth organically and via add-on acquisitions and implement an employee ownership program. Financial terms were not disclosed.

Industrial Physics Acquires Steinfurth

February 9, 2021

Manufacturing

Industrial Physics, a Union Park Capital portfolio company, has acquired Steinfurth, a German specialist in electromechanical measuring systems for the beverage, food and pharmaceutical industries. The add-on expands Industrial Physics' test and inspection product portfolio and will leverage Industrial Physics' global sales and service footprint to broaden Steinfurth's reach into the U.S. and Asian markets.

C&S Chemicals (Shoreline Equity Partners) Acquires ISI Water Chemistries

February 20, 2024

Environmental Services

C&S Chemicals, a portfolio company of Shoreline Equity Partners, acquired ISI Water Chemistries, a Bluffdale, Utah-based provider of cooling tower and boiler water treatment services. The transaction is C&S's ninth add-on and expands the platform's geographic footprint into the Mountain West, adding capabilities and customers across food & beverage, pharmaceutical, and aerospace end markets.

Industrial Physics Acquires Technidyne Corporation

December 7, 2021

Manufacturing

Industrial Physics, a portfolio company of Union Park Capital, has acquired Technidyne Corporation, a U.S.-based maker of instruments that measure optical, surface and physical properties of paper and related materials. The deal adds optical-properties measurement and automated testing capabilities to Industrial Physics' offerings and strengthens service coverage in the U.S. and Canada while expanding Technidyne's access to Industrial Physics' global sales and service footprint.

West Physics Acquires Radiation Protection Services, Ltd.

December 12, 2023

Healthcare Services

West Physics Consulting, LLC has completed the acquisition of Radiation Protection Services, Ltd., a regional provider of medical and health physics services based in Springfield, Illinois. The deal expands West Physics' capabilities in radioactive material and imaging equipment testing and strengthens its service capacity and regional coverage across Illinois, Missouri, Iowa and Indiana.

Water Engineering (Portfolio Company of Nolan Capital) Acquires Chem Pro Laboratory

September 6, 2022

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired Chem Pro Laboratory, a family-owned water treatment provider headquartered in Gardena, California. The acquisition adds Chem Pro's water treatment equipment, chemicals, consulting and preventative maintenance capabilities to the WEI platform as part of a broader consolidation and growth strategy across 24 states.