CogneSense Announces Acquisition of L&J Technologies
Summary
CogneSense, led by Paul Dhillon, is pursuing a buy and build strategy with a focus on combining longstanding, trusted, and leading environmental sensing, measurement, monitoring, and control businesses with younger companies that add additional technological innovation and capabilities. For over 100 years, through their innovative legacy brands like Shand & Jurs, customers have depended on and trusted L&J to provide high-quality, reliable solutions that meet their evolving needs and contribute to a healthier, safer environment. The company serves a diversified set of global customers across several growing markets, including petroleum, petrochemical, chemical, food, pharmaceutical, pipeline, steel, water, and wastewater treatment industries. Dedicated to optimizing the worlds natural resources and protecting our environment and public health from hazards and pollutants, we operate in industries where environmental and emissions regulations are stringent and continuously evolving. L Squared’s unique investor base of family offices and institutions enables the Firm to focus on long-term value creation driven by revenue and earnings growth, not financial engineering, or market timing.