Chromalox, Inc., a Pittsburgh, Pennsylvania-based manufacturer of commercial and industrial electric heating
products and solutions, has been acquired by private equity firm Sentinel Capital Partners for an undisclosed amount.
The investment will support the company in maintaining its market position. Commenting on the transaction, John McCormack, co-founder of and senior partner at Sentinel, said that “Chromalox is well positioned to benefit from continued economic improvement in both the U.S. and abroad”.
With multiple manufacturing, engineering, warehousing and sales locations in North America, Europe and Asia, the company provides a broad line of electric heat and control products, including heating components, immersion heaters, circulation systems, heat transfer systems, boilers, industrial and comfort air heating, heat trace cables, sensors and precision electronic controls.
It serves a diverse customer base including distributors, end users, OEMs, catalog houses, and system integrators.
FinSMEs
14/04/2011