Renovo Capital has sold Rochester Sensors to publicly traded Amphenol Corporation.
Rochester Sensors designs and manufactures liquid level sensors and gauges used in industrial, commercial, and OEM applications. The company’s product portfolio includes float-activated sensors, capacitance-based sensors, and resistive reed sensors, commonly used in propane tanks, diesel engines, refrigeration units, and agricultural equipment.
Rochester Sensors’ customers include OEMs and aftermarket clients operating in the industrial, transportation, and energy sectors. The company, led by CEO Nathan Jones, with annual revenues of approximately $100 million, was founded in 1950 by Edward Schauer and is headquartered near Dallas in Coppell, Texas, with additional manufacturing facilities in the UK, Mexico, Belgium, Ireland, and China.
Renovo acquired Rochester Sensors (then Rochester Gauges) in May 2018 as a carve-out from Gas Equipment Company. During Renovo’s ownership term, Rochester Sensors closed four add-on acquisitions: FPI Sensors, a Minnesota‑based manufacturer of float level switches and liquid level sensors (June 2019); Fozmula Limited, a UK‑based designer/manufacturer of liquid level sensors (October 2019); Concept Technology, a Missouri‑based sensor manufacturer used in commercial refrigeration applications (November 2021); and Tekelek Europe, an Ireland-based designer/seller of liquid level sensors with ultrasound and free‑space radar expertise (May 2023).
Amphenol (NYSE: APH) designs and manufactures electrical, electronic, and fiber optic connectors, cable assemblies, and interconnect systems. Its products are used in applications across automotive, aerospace, industrial, IT and datacom, mobile devices, and broadband markets. Core product categories include RF connectors, fiber optic interconnects, and sensor technologies. Amphenol, led by CEO Adam Norwitt, was founded in 1932 by Arthur Schmitt and is headquartered near New Haven in Wallingford, Connecticut. The company operates over 200 manufacturing facilities in more than 40 countries.
Renovo Capital makes control equity investments in lower middle market technical product and service companies, with a specific interest in advanced manufacturing, industrial IoT, specialty chemicals, and tech-enabled services. The firm is currently investing from its fourth fund, Renovo Capital Fund IV LP, which closed in 2024 with $350 million of capital. Renovo was founded in 2009 and is headquartered in Dallas.
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