Rochester Gauges Acquires Concept Technology
November 30, 2021 (Dallas, Texas) – Rochester Gauges, LLC (“Rochester”), a designer and manufacturer of liquid level gauges and sensors, announced today that it has acquired the assets of Concept Technology (“CTI”). The acquisition of CTI is part of a multi-year strategy to expand Rochester’s technical portfolio and footprint within the liquid level measurement segment.
Founded in 1981, St Louis, Missouri-based Concept Technology is a manufacturer of sensors that measure liquid levels for commercial refrigeration applications. The company has a strong reputation of being a very customer-centric organization that manufacturers high-quality products that fit the needs of each customer.
Ben Lease, President at Rochester Gauges commented, “We are excited about the acquisition of Concept Technology as it provides us with additional products for our current customers and further expands our presence in the commercial refrigeration space. CTI’s existing customer base can leverage our extensive resources in liquid level measurement, including additional products and deep design and engineering resources. We look forward to continuing to serve the CTI customer base with high quality product.”
About Concept Technology
Concept Technology is a manufacturer of liquid level sensors, switches and other electronic components utilizing capacitive, optical and hall effect sensor technologies. Based in St. Louis, MO, CTI primarily serves OEM customers in the commercial refrigeration market.
About Rochester Gauges
Rochester Gauges (rochestergauges.com) is a manufacturer of liquid level gauges, switches and sensors for various applications, such as on-road and off-road equipment, residential and commercial propane, fork truck, recreational marine, RV, lawn and garden equipment, power generation and general aviation. Rochester has manufacturing facilities in Dallas, Texas; Mexico City, Mexico; Warwick, UK; Brussels, Belgium with a sales office in Shanghai, China.
Renovo Capital, LLC (renovocapital.com) is a Dallas-based private equity fund that partners with business owners, entrepreneurs and management teams to invest in specialty manufacturing and business service companies. Renovo’s principals and network of operating professionals have decades of experience providing operational and strategic leadership to drive long term business value creation. Renovo Capital has offices in Dallas and Denver.