Sentinel Capital Partners acquires RotoMetrics

Sentinel Capital Partners, a private equity firm, has acquired RotoMetrics, a global provider of precision rotary tooling and accessories, from fellow investment company Morgenthaler Private Equity.

Sentinel Capital Partners, a private equity firm, has acquired RotoMetrics, a global provider of precision rotary tooling and accessories, from fellow investment company Morgenthaler Private Equity

Sentinel Capital Partners has broad experience investing in specialty industrial businesses, and targets targets lower middle market private equity investments in eight industry sectors –aerospace/defense, business services, consumer, distribution, food/restaurants, franchising, healthcare and industrials. Current and prior investments include Alemite, Chase Doors, Chromalox, Colson, Engineered Controls International, Fasloc, IEP Technologies, LTI Boyd and PlayCore.

Terms of the deal for the acquisition of RotoMetrics by Sentinel Capital Partners have not been disclosed.

Jim Coady, a partner at Sentinel Capital Partners, said: ‘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.

‘Under its current management team, RotoMetrics has undergone a fundamental transformation into a global leader with a strong financial profile, and is superbly positioned for future growth.’

RotoMetrics chief executive officer Bob Spiller said: ‘We are very pleased to have Sentinel as our new partner. Sentinel’s deep experience investing in specialty industrial businesses will support our efforts to expand and strengthen our worldwide market presence.’

While under the ownership Morgenthaler Private Equity, RotoMetrics implemented many growth and operational improvement initiatives, including investing in flexible die technology, expanding its global manufacturing presence in Europe and Asia, realigning the global organizational structure and adding to the strength of the management team. 

Joe Machado, a partner at Morgenthaler Private Equity, said: ‘It has been a true pleasure to partner with the RotoMetrics management team over the past six years. Although the company has achieved many successes to date, RotoMetrics is still in the early stages of exploiting its full potential.’

Spiller added: ‘I personally want to thank Morgenthaler Private Equity for its remarkable partnership and strategic advice over the years. We look forward to continuing to enhance our global manufacturing, sales, and service capabilities to deliver exceptional solutions for our customers.’