PNC Equity Partners announced today that Bacharach, Inc., a portfolio company of PNC Equity Partners II, L.P., has acquired Murco Ltd, a Dublin-Ireland based manufacturer of advanced test and measurement instrumentation.
Founded in 1909 and headquartered in New Kensington, PA, Bacharach is a leading designer and manufacturer of equipment used in the detection and measurement of gases and liquids, as well as the recovery of refrigerants. The Company’s products include instruments that detect, measure, and record combustion and environmental gases, temperature, and other air quality and safety parameters.
“Murco presents a highly synergistic acquisition for Bacharach, allowing us to deepen our product portfolio in the fixed gas monitor segment. In addition, the acquisition provides Bacharach with a strategic opportunity to expand our distribution footprint and establish new global OEM relationships,” said Justin Bertram, partner of PNC Equity Partners and Bacharach director.
About Incline Equity Partners
Incline Equity Partners, headquartered in Pittsburgh, Pennsylvania, is a private equity firm focused on making investments in lower middle-market growth companies, focusing on companies with enterprise values of $30MM to $125MM across a variety of industry sectors including value-added distribution, specialized light manufacturing and business and industrial services. Typical investment types are management buyouts, ownership transitions for privately held businesses and corporate divestitures. Incline Equity Partners has experience with investing, mergers and acquisitions, leveraged finance, leveraged buyouts and growth capital.
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