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

Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.

The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.