DwyerOmega Enhances Measurement Solutions with Lake Shore Cryotronics Acquisition

DwyerOmega Expands Its Technological Horizons with Lake Shore Cryotronics

DwyerOmega, a prominent company backed by Arcline Investment Management, is making headlines with its recent acquisition of Lake Shore Cryotronics. This strategic move not only enhances DwyerOmega's extensive range of precision temperature measurement products, particularly in cryogenics, but also broadens its capabilities into burgeoning fields such as magnetics and material characterization.

Founded in 1968 and headquartered in Westerville, Ohio, Lake Shore Cryotronics has built a solid reputation as a leading provider of measurement solutions tailored for cryogenic temperature, magnetics, and material characterization applications. The company's offerings include high-performance sensors, monitors, controllers, and systems that facilitate world-class calibration and precision metrology. Their technologies are indispensable across various industries, including quantum computing, aerospace, medical, semiconductor, and fusion research.

Chuck Dubois, CEO of DwyerOmega, expressed excitement at the announcement, stating, "We are thrilled to welcome Lake Shore to the DwyerOmega family. Their expertise in cryogenic temperature and related solutions positions us at the forefront of technology, expanding both our market presence and our capacity to address customer needs across a range of attractive sectors."

DwyerOmega's acquisition of Lake Shore is not merely a transactional change; it symbolizes a significant enhancement to its technological portfolio. Through this alliance, DwyerOmega can now offer more robust solutions to its clients, leveraging Lake Shore's advanced product line that is recognized for its innovation and quality.

In response to the acquisition, Michael Swartz, CEO of Lake Shore, conveyed optimism about the future. "Joining forces with DwyerOmega will allow us to extend our commercial reach and broaden our product offerings, creating new pathways for technological advancements that benefit our customers worldwide. We share a commitment to quality and innovation, and we look forward to building upon that together."

The acquisition was facilitated with the expertise of Houlihan Lokey, which served as the financial advisor to DwyerOmega throughout this transaction. This new partnership is poised to set the stage for enhanced product development, making strides toward innovative solutions within the global market.

DwyerOmega is already recognized as a leading manufacturer of precision measurement and control solutions, which have pivotal roles in numerous industrial and controlled environment applications. With this acquisition, the company strengthens its position as a trusted partner for organizations seeking to optimize critical processes.

About DwyerOmega
DwyerOmega is a trusted name in the precision measurement space that encompasses various platforms designed to manage and optimize essential processes effectively. Their commitment to innovation and quality continues to yield industry-leading products that meet the demands of a diverse clientele worldwide.

About Lake Shore Cryotronics
Lake Shore Cryotronics has dedicated nearly six decades to advancing science and technology, focusing on providing high-quality solutions in cryogenic temperature measurement, magnetics, and material characterization. The company’s well-engineered products are integral to critical applications across various industries, reflecting a longstanding commitment to quality and precision.

About Arcline Investment Management
Arcline Investment Management operates as a growth-focused private equity firm managing over $30 billion in assets. With a vision to create the next generation of Industrial Compounders, Arcline aims to develop leading market platforms designed for enduring growth in earnings across decades. The firm’s strategic investments help nurture innovation in industrial sectors.

In conclusion, the acquisition of Lake Shore Cryotronics marks a pivotal step for DwyerOmega as it seeks to innovate and expand within the realms of measurement and control solutions. This partnership not only enriches DwyerOmega’s existing offering but significantly enhances its technological capabilities, readying the company to face new challenges in the precise measurement landscape.