Sentinel Capital Partners, a private equity firm has acquired RotoMetrics, a provider of precision rotary tooling and accessories.
‘We are extremely excited to partner with RotoMetrics, a company with a 57-year history of providing great products and services to a longstanding and loyal customer base,’ said Jim Coady, a partner at Sentinel. ‘Under its current management team, RotoMetrics has undergone a fundamental transformation to a global leader with a strong financial profile, and is superbly positioned for future growth.’
While under the ownership of Morgenthaler Private Equity, the company implemented many growth and operational improvement initiatives, including investing in flexible die technology, expanding its global manufacturing presence in Europe and Asia, re-aligning the global structure and adding to the strength of the management team.
‘We are very pleased to have Sentinel as our new partner,’ said RotoMetrics CEO Bob Spiller. ‘Sentinel’s deep experience investing in specialty industrial businesses will support our efforts to expand and strengthen our worldwide market presence.”‘
Sentinel has broad experience investing in specialty industrial businesses. Current and prior investments include: Alemite (industrial lubrication equipment); Chase Doors (specialty doors); Chromalox (precision heating technology); Colson (casters and wheels); Engineered Controls International (pressure regulators, valves); Fasloc (underground mine roof support systems); IEP Technologies (industrial explosion protection products); LTI Boyd (rubber and plastic sealing systems); and PlayCore (commercial playground and recreation equipment).
