FPI Sensors International
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FPI Sensors International - overview
Established
1997
Location
Eagan, MN, US
Primary Industry
Electronics
About
FPI Sensors International designs and manufactures innovative liquid level sensors and float switches, providing essential solutions for various industries that require reliable fluid management. FPI Sensors International specializes in creating liquid level sensors and float switches, serving original equipment manufacturers (OEMs). Founded in 1997 in Eagan, US, the company was acquired by Rochester Gauges, LLC, a portfolio company of Renovo Capital, in June 2019. This strategic acquisition aimed to enhance product offerings and expand market reach, though specific financial terms were not disclosed.
FPI Sensors International manufactures a wide range of liquid level sensors and float switches. Their core products include float level switches, continuous level sensors, and custom liquid level sensors, all engineered for high quality and reliability. These products detect changes in fluid levels, facilitating effective monitoring in sectors such as water treatment, oil storage, and industrial processes. The company caters to a global client base across industries such as automotive, aerospace, and energy, establishing a strong presence in North America and international markets.
FPI Sensors International generates revenue through direct sales of its sensor products to OEMs and businesses needing liquid management solutions. Transactions are typically structured as B2B engagements, where clients place bulk orders for customized sensors suited to their specific applications. Various pricing tiers exist based on product complexity and customization, with flagship offerings including high-temperature float switches and continuous output level sensors, facilitated by a dedicated sales team for personalized service. As of June 2019, following its acquisition, FPI Sensors International plans to focus on expanding its product lineup with new sensor innovations designed for diverse applications.
The company aims to enter new geographic markets, specifically targeting regions in Asia and Europe by 2023. The recent acquisition and funding will be utilized to support the development of these new products and expand their market presence.
Current Investors
ROCHESTER SENSORS, LLC
Primary Industry
Electronics
Sub Industries
Electrical, Plumbing & Hardware Distributors, Electronic Components
Website
www.fpisensors.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
FPI Sensors International - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | FPI Sensors International | - |
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