welcome Cosa Xentaur
Welcome COSA Xentaur
PROCESS INSIGHTS ANNOUNCES THE ACQUISITION OF COSA XENTAUR CORPORATION
BOSTON, MA – December 4, 2017. Process Insights, a portfolio company of Union Park Capital, today announced the acquisition of COSA Xentaur Corporation (“COSA Xentaur”), a leading provider of sensors and analytical instrumentation for process measurement applications. COSA Xentaur, the inaugural acquisition in Union Park’s newly created Process Insights Holdings, will represent the firm’s third platform investment, accompanying the already existing Industrial Physics Holdings and KPM Analytics Holdings family of companies. Terms of the transaction were not disclosed.
Founded in 1982 by Christoph Mueller, COSA Xentaur combines the strength of over 30 years of experience in providing innovation measurement solutions for a wide range of industrial applications in petrochemical, energy, environmental, pharmaceutical, semiconductor and plastics industries.
“We are truly excited to be joining the Union Park Capital family,” says Craig Allshouse, who will remain as President at COSA Xentaur. “With Union Park, we will be able to continue to leverage our deep, market specific technical experience and application knowledge while continuing to bring innovative solutions to the market” he continued.
COSA Xentaur product and technology portfolio includes moisture and dew point measurement, laboratory based analytical instrumentation, laser-based technology, NMR technology, and BTU analyzers. Through its highly advanced products and intelligent solutions, COSA Xentaur delivers, highly accurate, robust and cost-effective instrumentation systems for industrial process measurement and analysis.
“COSA is an exceptionally innovative and technical company” notes Morgan Jones, Managing Partner of Union Park Capital. “As an investment firm, we only invest in high quality instrumentation businesses solving unique industry problems. Over the years, we’ve observed thousands of related companies, and COSA Xentaur stands out with world class measurement solutions. We are thrilled to start Process Insights, our third theme, with the acquisition of COSA Xentaur,” said Morgan.
About COSA Xentaur Corporation
COSA Xentaur Corporation was founded in 1982 and is headquartered in Yahpank, NY with additional offices in Houston, TX and Hanau, Germany. COSA Xentaur has a direct sales team in the US and Germany and a network of global distributors serving a worldwide customer base. For more information visit www.cosaxentaur.com.
About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies. Union Park takes a long-term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA and has extensive investments and expertise in the analytical instrumentation sector. For more information, visit www.union-park.com.