UNION PARK ANNOUNCES ACQUISITION OF ATOM INSTRUMENT
Boston, MA - November 11, 2019. Process Insights, a portfolio company of Union Park Capital, announced today that it has acquired the business assets of ATOM Instrument (“ATOM”) from Singapore-based Advanced Holdings Ltd. Terms of the transaction were not disclosed.
Headquartered in Houston, Texas, ATOM is a leader in engineering and manufacturing laboratory and online process elemental analyzers for total sulfur-nitrogen applications in liquids, solids and gases. Backed by over 15 years of technology innovation and industry expertise, ATOM further expands Process Insights’ core gas and liquid-phase online analysis and measurement product portfolio while adding total sulfur and total nitrogen capability to Process Insights’ technology mix.
ATOM will join COSA Xentaur Corporation, Alpha Omega Instruments Corporation, Hygrocontrol GmbH, LAR Process Analysers AG and Tiger Optics, LLC as another premium brand under Process Insights. Process Insights’ premium brands address the needs of customers for reliable online process monitoring, measurement, analytics, control and safety across a wide range of applications and end markets. Process Insights’ total solutions help the customers in their mission critical applications to ensure safe operations, increase product quality, reduce disruptions and downtime, attain increasingly higher levels of process efficiency and throughput, and compliance with complex regulatory requirements.
“ATOM is a natural extension to Process Insights’ operating companies. ATOM broadens Process Insights’ already robust portfolio of analytical instrumentation and technology” said Monte Hammouri, CEO of Process Insights. “ATOM’s patented and proprietary technology, as well as its differentiated product portfolio add an important core capability to Process Insights. ATOM has a successful history of providing high-quality, process and lab instruments and services that have delighted customers for over a decade. Together, we continue to strengthen our position as a leading provider of online process analytical instrumentation to better serve our customers around the globe.”
“This is an exciting merger as the acquisition will open expanding growth opportunities for ATOM products, made possible by Cosa Xentaur’s long-standing reputation and global presence” said Franek Olstowski, President & Founder of ATOM. “Becoming part of Process Insights will enable synergistic creativity and innovation, promoting continued development of new products and technologies, while the integration of our companies with common business philosophies and complementary products, will provide the industry with a more comprehensive offering of analytical instrumentation and measurement solutions.”
About ATOM Instrument
Headquartered in Houston, TX, ATOM manufactures laboratory and online elemental analyzers for total sulfur-nitrogen applications in liquids, solids and gases, providing practical and innovative measurement solutions to the petroleum, petrochemical and pipeline industries. ATOM’s total sulfur analysis is based on Excimer UV Fluorescence technology, a patented and proprietary technology developed by Mr. Franek Olstowski, Founder of ATOM Instrument. The benefits of using this technology are numerous allowing analyzers to be designed for ease-of-use, reduced maintenance, and increased reliability. For more information, visit www.atominstrument.com.
About Process Insights
The companies of Process Insights manufacture instruments focused on process analytics, control, and safety. Process Insights’ premium brands are used across a wide range of applications and end markets to ensure safe operation, increase product quality and attain higher levels of efficiency in process industries. Sensors, instrumentation, and software used in these mission-critical applications reduce disruptions, downtime, and lost productivity, all while managing increasing regulatory complexity and cost in industrial processes. Process Insights is backed by Union Park Capital, a private equity investment firm based in Boston, MA and focused solely on lower middle-market industrial technology companies. For more information, visit www.process-insights.com.
About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies. Union Park takes a long-term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA and has extensive investments and expertise in the analytical instrumentation sector. To learn more, visit www.union-park.com.
Headquartered in Houston, Texas, ATOM is a leader in engineering and manufacturing laboratory and online process elemental analyzers for total sulfur-nitrogen applications in liquids, solids and gases. Backed by over 15 years of technology innovation and industry expertise, ATOM further expands Process Insights’ core gas and liquid-phase online analysis and measurement product portfolio while adding total sulfur and total nitrogen capability to Process Insights’ technology mix.
ATOM will join COSA Xentaur Corporation, Alpha Omega Instruments Corporation, Hygrocontrol GmbH, LAR Process Analysers AG and Tiger Optics, LLC as another premium brand under Process Insights. Process Insights’ premium brands address the needs of customers for reliable online process monitoring, measurement, analytics, control and safety across a wide range of applications and end markets. Process Insights’ total solutions help the customers in their mission critical applications to ensure safe operations, increase product quality, reduce disruptions and downtime, attain increasingly higher levels of process efficiency and throughput, and compliance with complex regulatory requirements.
“ATOM is a natural extension to Process Insights’ operating companies. ATOM broadens Process Insights’ already robust portfolio of analytical instrumentation and technology” said Monte Hammouri, CEO of Process Insights. “ATOM’s patented and proprietary technology, as well as its differentiated product portfolio add an important core capability to Process Insights. ATOM has a successful history of providing high-quality, process and lab instruments and services that have delighted customers for over a decade. Together, we continue to strengthen our position as a leading provider of online process analytical instrumentation to better serve our customers around the globe.”
“This is an exciting merger as the acquisition will open expanding growth opportunities for ATOM products, made possible by Cosa Xentaur’s long-standing reputation and global presence” said Franek Olstowski, President & Founder of ATOM. “Becoming part of Process Insights will enable synergistic creativity and innovation, promoting continued development of new products and technologies, while the integration of our companies with common business philosophies and complementary products, will provide the industry with a more comprehensive offering of analytical instrumentation and measurement solutions.”
About ATOM Instrument
Headquartered in Houston, TX, ATOM manufactures laboratory and online elemental analyzers for total sulfur-nitrogen applications in liquids, solids and gases, providing practical and innovative measurement solutions to the petroleum, petrochemical and pipeline industries. ATOM’s total sulfur analysis is based on Excimer UV Fluorescence technology, a patented and proprietary technology developed by Mr. Franek Olstowski, Founder of ATOM Instrument. The benefits of using this technology are numerous allowing analyzers to be designed for ease-of-use, reduced maintenance, and increased reliability. For more information, visit www.atominstrument.com.
About Process Insights
The companies of Process Insights manufacture instruments focused on process analytics, control, and safety. Process Insights’ premium brands are used across a wide range of applications and end markets to ensure safe operation, increase product quality and attain higher levels of efficiency in process industries. Sensors, instrumentation, and software used in these mission-critical applications reduce disruptions, downtime, and lost productivity, all while managing increasing regulatory complexity and cost in industrial processes. Process Insights is backed by Union Park Capital, a private equity investment firm based in Boston, MA and focused solely on lower middle-market industrial technology companies. For more information, visit www.process-insights.com.
About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies. Union Park takes a long-term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA and has extensive investments and expertise in the analytical instrumentation sector. To learn more, visit www.union-park.com.