PE-backed Bacharach buys Neutronics
Summary
The combination of Bacharach and Neutronics will significantly strengthen Bacharach’s ability to provide the worldwide HVAC-R and Automotive markets with high quality Fixed and Portable Gas Test and Measurement Instrumentation.“Neutronics is the established leader in refrigerant identifiers for the global automotive and HVAC-R industries and has complimentary NDIR sensor technology in its instruments, which are designed and manufactured in its Exton, Pennsylvania facility,” said Doug Keeports, CEO of Bacharach.Neutronics will operate as a wholly owned subsidiary of Bacharach and management teams of both businesses will work to leverage their combined strengths, while providing its customers and supplier partners with the same high quality service as always.Bacharach is a provider of cleantech solutions for gas and refrigerant leak detection, combustion and emissions analysis instrumentation, and energy management for commercial and industrial applications.For over fifteen years, the firm has helped build industry-leading companies, providing capital and advice to exceptional management teams to grow businesses and unlock value.