DwyerOmega (Arcline-backed) Acquires Process Sensing Technologies from AEA Investors and Battery Ventures

DwyerOmega Acquires Lake Shore Cryotronics

June 10, 2026

IT Services

DwyerOmega, a portfolio company of Arcline Investment Management, acquired Lake Shore Cryotronics to expand precision measurement capabilities in cryogenics, magnetics, and material characterization. The Westerville, Ohio-based Lake Shore provides cryogenic temperature measurement and related sensing systems used in quantum computing and other advanced research and industrial applications.

Arcline-Backed DwyerOmega Acquires Burns Engineering

January 8, 2026

Manufacturing

DwyerOmega, a portfolio company of Arcline Investment Management, has acquired Burns Engineering to expand its precision temperature measurement product offering. Burns Engineering, founded in 1965 and based in Eden Prairie, Minnesota, provides metrology-grade temperature measurement devices for end markets including biopharma, food processing, and calibration laboratories; financial terms were not disclosed.

DwyerOmega (Arcline) Acquires Miljoco Corporation from Foundation Investment Partners

January 5, 2024

Manufacturing

DwyerOmega, a portfolio company of Arcline Investment Management, has acquired Miljoco Corporation from Foundation Investment Partners. Financial terms were not disclosed; the acquisition adds Miljoco's Miljoco and Weiss brands and manufacturing capabilities to DwyerOmega's sensing and instrumentation platform to expand product breadth and end-market reach.

DwyerOmega (Arcline) Acquires Automation Components, Inc.

December 5, 2023

Manufacturing

DwyerOmega, a portfolio company of Arcline Investment Management, has acquired Automation Components, Inc. (ACI), a Middleton, Wisconsin-based designer and manufacturer of sensors and instrumentation for building automation, data centers, and indoor air quality markets. The acquisition expands DwyerOmega's product portfolio and manufacturing capabilities in the building automation and environmental sensing markets.

Arcline Acquires Omega Engineering; Omega Joins Dwyer Group

July 5, 2022

Manufacturing

Arcline Investment Management has acquired Omega Engineering Inc. from Spectris plc for $525 million, and Omega has joined the Dwyer Group, an Arcline portfolio company. The deal adds Omega’s sensing, measurement and IIoT product portfolio to Dwyer’s instrumentation businesses to expand capabilities across industrial, building-automation and environmental markets.

AEA Investors Acquires Process Sensing Technologies

December 1, 2020

Industrial Services

AEA Investors' Middle Market Private Equity team has acquired Process Sensing Technologies (PST), a UK-headquartered provider of moisture, oxygen and trace gas measurement instruments and systems. PST, formed through several brand combinations and acquisitions, serves end markets including life sciences, natural gas, building automation and food & beverage and has roughly 650 employees globally.