Process Sensing Technologies Ltd.
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Process Sensing Technologies Ltd. - overview
Established
2016
Location
Ely, -, UK
Primary Industry
Industrial Machinery
About
Based in the UK, Process Sensing Technologies Ltd. specializes in precision sensing solutions crucial for a variety of industrial applications, enhancing operational efficiency and safety across multiple sectors. Founded in 2016, Process Sensing Technologies Ltd. is dedicated to developing advanced sensing solutions.
The company operates from Ely, UK, and focuses on providing high-quality sensors tailored for industrial environments. Under the leadership of CEO Adam Markin, the company has engaged in three notable deals, with the most recent occurring on November 20, 2024, when it was acquired by Dwyer Instruments, Inc. , a portfolio company of Arcline Investment Management, from Battery Ventures and AEA Investors. Financial terms of the acquisition were not disclosed.
The company specializes in advanced sensing solutions critical for various industrial applications. Their primary product offerings include precision sensors designed to measure temperature, pressure, and humidity, which are essential for maintaining optimal operating conditions in manufacturing processes. These sensors provide real-time data, facilitating improved efficiency and safety in industries such as automotive, aerospace, and energy. The company serves a diverse clientele across North America, Europe, and Asia-Pacific, targeting sectors that demand high reliability and accuracy in environmental monitoring and process control.
The company's revenue generation is primarily driven through direct sales of its sensing products to industrial clients, as well as through strategic partnerships with distributors and integrators in various markets. Transactions typically involve B2B arrangements where customers may purchase products on a bulk basis or enter into long-term supply agreements for consistent demand. This business model generates steady cash flow and fosters long-lasting relationships with clients who rely on these critical components for their operations. The company reported an EBITDA of USD -515,746.
50 for the most recent year, 2022. Looking ahead, Process Sensing Technologies Ltd. aims to strengthen its product lineup and expand its market reach. Following the acquisition by Dwyer Instruments, Inc.
, the company plans to leverage its resources to develop new sensing products and enhance its global presence. The strategic alignment is expected to bolster Dwyer Instruments' sensing and instrumentation product offering. Specific upcoming launches and geographic expansions have not been detailed, but the acquisition is viewed as a step towards integrating and optimizing the sensing solutions portfolio.
Current Investors
AEA Investors, Battery Ventures
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery, Electronic Components
Website
www.processsensing.com
Verticals
Big Data, Manufacturing
Total Amount Raised
Subscriber access only
Process Sensing Technologies Ltd. - 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, Trade Sale | Completed | Process Sensing Technologies Ltd. | - | ||||||||
| Add-on | Completed | Fluid Components International, LLC | - | ||||||||
| Add-on | Completed | Sensore-Electronic GmbH | - | ||||||||
| Add-on | Completed | SensoScientific, Inc. | - | ||||||||
| Secondary Buyout | Completed | Process Sensing Technologies Ltd. | - |
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