Industrial Control Solutions Expands Market Presence with Duro-Sense Acquisition
Industrial Control Solutions Acquires Duro-Sense Corporation
In a significant move that strengthens its position in the industrial sensing market, Industrial Control Solutions (ICS) has announced the acquisition of Duro-Sense Corporation. This strategic acquisition not only augments ICS's existing portfolio but also enhances its capabilities in temperature measurement, a crucial technological area in industrial applications.
Founded in 1979, Duro-Sense has built a strong reputation as a designer and manufacturer of high-precision temperature sensors such as thermocouples and RTDs, primarily catering to various industries, including aerospace, defense, and energy. Duro-Sense's ISO/IEC 17025 accredited laboratory ensures the reliability and traceability of the sensors, which are integral to mission-critical control systems across highly regulated sectors.
With this acquisition, ICS expands its offerings to include temperature measurement solutions alongside its expertise in flow, level, and pressure sensing devices. This integration enables ICS to provide comprehensive sensor and control solutions that enhance the precision and efficiency of industrial operations.
Matt Powers, CEO of ICS, expressed his enthusiasm about the acquisition, stating, "Duro-Sense represents everything we look for in a partner. Their commitment to precision and reliability aligns perfectly with our strategy of delivering integrated instrumentation that meets the demanding needs of our clients." This partnership is expected to solidify ICS's foothold in key markets, particularly in aerospace and power generation, where precision monitoring is vital.
Duro-Sense's outgoing CEO, Jay Waterman, who will remain with the company as a Strategic Advisor, emphasized the benefits that this partnership brings, including access to larger resources and the ability to scale operations significantly, without compromising the quality and responsiveness that customers have come to trust. "We believe that joining forces with ICS will provide us with the necessary support to accelerate our growth and foster innovation for both organizations," he said.
The acquisition also marks ICS's inaugural operational presence on the West Coast, which will enhance its accessibility to major customers in the aerospace and energy sectors. Duro-Sense will continue to operate out of its Southern California headquarters, collaborating closely with ICS's engineering and operations teams to ensure a seamless integration of systems and to pursue joint growth objectives.
This strategic move positions ICS among industry leaders in precision sensing and control technologies, joining other companies in its portfolio such as Whitman Controls and Load Controls. By combining strengths, the company aims to deliver advanced solutions across industrial, process, and OEM markets, further establishing itself as a prominent player in the American industrial landscape.
The acquisition underlines the ongoing commitment of LDR Partners LP, ICS's parent firm, to foster growth within the lower middle-market industrial manufacturing sector. Focusing on operational excellence and innovative strategies, LDR is dedicated to building long-term value in its investments.
In conclusion, the acquisition of Duro-Sense Corporation by Industrial Control Solutions is a well-calibrated step towards enhancing their product offerings and expanding their market reach. As industries become increasingly reliant on precise measurements and automation, ICS is poised to address the growing demand with expanded capabilities and resources that enable clients to optimize operations and improve efficiency. This landmark development promises to usher in a new era of innovation in the temperature measurement arena and beyond.