Arcline’s Dwyer Acquires UFM
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Arcline’s Dwyer Acquires UFM

Arcline acquired Dwyer Instruments from the Clark family in July 2021

Universal Flow Monitors manufactures vane, vortex shedding, and laminar flowmeters that are used in automation and robotic applications

SOURCE: Universal Flow Monitors

Dwyer Instruments, a portfolio company of Arcline Investment Management, has closed the add-on acquisition of Universal Flow Monitors.

Universal Flow Monitors (UFM) designs and manufactures vane, vortex shedding, and laminar flowmeters and controls that are used in automation, robotics, and other process applications.

Flowmeters are used to measure and record the flow rate of a gas or fluid. In a rotating vane type of flowmeter, the flow of the fluid is measured as it passes through a rotating set of vanes; vortex shedding flowmeters utilize flow obstructions that create small vortices which are detected and measured by downstream instruments; and laminar flowmeters measure the force of a fluid by analyzing the small differential pressures between a passing fluid and a parallel, non-vortex-creating obstruction.

UFM was founded in 1963 with a headquarters near Detroit in Hazel Park, Michigan.

“UFM has a long history of dedication to product design, customer service, and quality,” said Lars Rosean, the president of UFM. “I would like to thank all our employees who have contributed to our years of success, and I am thrilled at this opportunity to partner with Dwyer for the next stage of growth.”

Dwyer Instruments is a designer and manufacturer of more than 40,000 configurable SKUs of sensors and instrumentation used in the process automation, HVAC and building automation sectors. The company, led by President Mark Fisher, was founded in 1931 and is headquartered in Michigan City, Indiana with additional offices in Asia, Europe and Australia.

“UFM has a broad portfolio of ruggedized products that customers rely on for critical industrial applications,” said Mr. Fisher. “This has led UFM to a successful, entrenched position in niche industrial markets. We are excited to welcome UFM to the Dwyer family.”

Arcline acquired a controlling interest in Dwyer Instruments from the Clark family and members of the company’s senior management team in July 2021.

Arcline makes control investments in companies that have from $10 million to $100 million of EBITDA and enterprise values of up to $1 billion. Sectors of interest include defense and aerospace; infrastructure services; industrial and medical technology; life sciences and specialty materials. In February 2021, Arcline closed its second fund, Arcline Capital Partners II LP, with total capital commitments of $2.75 billion. Arcline was founded in September 2018 and has offices in San Francisco and New York.

© 2021 Private Equity Professional | December 16, 2021

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