DwyerOmega, a portfolio platform of private equity firm Arcline Investment Management, has agreed to acquire SOR Controls Group, according to a LinkedIn post announcing the deal. The post describes the acquisition as expanding the private equity-backed platform's footprint in industrial measuring and process control technologies.
SOR Controls Group is based in Kansas. Founded in 1946, the company designs and manufactures electronic and mechanical instruments for measuring pressure, temperature, level, and flow across critical industries, according to the post.
The financial terms of the agreement were not disclosed in the source. No purchase price, financing details, closing date, or adviser information was provided.
The deal stage is an agreement to acquire; the source does not state that the transaction has closed.