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Gemspring Capital Management LLC ("Gemspring"), a middle-market private equity firm, is pleased to announce that an affiliate has acquired a majority interest in JTI Electrical & Instrumentation ("JTI" or the "Company"). JTI designs, engineers, and installs complex electrical and mechanical systems that enable industrial facilities to streamline mission-critical process functions, minimize downtime, and increase operational efficiencies. Since its f Read more...

From Bloomington, Minnesota, Revenue Rocket Consulting Group, the leading M&A Advisory firm focused exclusively on IT Technology-Enabled services businesses, announced it has been retained by a top Western-Canada-based industrial instrumentation, controls automation, and electrical engineering firm to find a suitor to acquire the company. This process is Project Dragon. Project Dragon offers a fully integrated lifecycle of offerings across Engineering, Construction, and Field Se Read more...

OleumTech®, a leading provider of wireless industrial automation and IoT solutions, today announced the release of two new Explosion-Proof Tuning Fork Level Switch models as an addition to the Hardwired H Series instrumentation product line. Designed for preventing overfill (high) or dry run (low) conditions in liquids, fine-grained solids, granular plastics, gravel, and powders, these products are ideal for operational awareness and increased safety in all industrial markets. & Read more...