Back to News

Generational Group Advises Instrument Technologies in its Sale to Aldinger Company

By Generational Group

12/13/2023

Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Instrument Technologies, Inc. to Aldinger Company (a portfolio company of Incline Equity Partners). The transaction closed November 30, 2023.

Instrument Technologies (Instrument Tech) is an A2LA accredited provider of instrument calibration services, with four mobile labs in the Seattle, Washington area and a primary laboratory in Boise, Idaho. The Company serves customers in agriculture, air separation, analytical, aviation, biotech/pharma, dairy/food, data center, electronics, manufacturing. Other industries serviced include irrigation, nuclear, petro-chemical, power generation manufacturing, water/wastewater, and a wide variety of other industries.

Headquartered in Dallas, Texas, Aldinger is a full-service provider of calibration and repair services for test and measurement equipment with over 50 years of experience. Aldinger is accredited to ISO/IEC 17025 and provides on-site calibration and additional services at their full-service calibration lab and repair facility. Aldinger’s customers have full access to their equipment records and real-time status via an online instrument tracking system. Aldinger’s scope of services includes, but is not limited to, mass, dimensional, force, torque, electronics, acceleration, volume, pressure, temperature, flow, timing, and proof load testing.

Incline Equity Partners (Incline) is a leading private equity firm dedicated to investing across the middle market in distribution, business services and manufacturing companies. Incline is generally seeking growing companies with enterprise values of $25 – $750 million. Incline’s typical investment types are ownership transitions for privately held businesses, buyouts, and corporate divestitures within the U.S. and Canada.

Generational Group Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Vice President, M&A, Bo Zhao, closed the deal. Senior Managing Director James Carr established the initial relationship with Instrument Tech.

“We are glad to have been part of this transaction and to help our clients achieve their goals,” said Zhao.

About Generational

Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.

With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.