Davis Instruments Joins the AE Monitoring Family of Companies

Davis Instruments Corporation, a leading developer and manufacturer of precision weather, marine, and environmental instrumentation, joins the AE Monitoring family of companies.

Boston, MA – July 31, 2019. Union Park Capital, a Boston based private equity firm focused on lower middle-market industrial technology investments, today announced the acquisition of Davis Instruments Corporation (“Davis”), based in Hayward, CA. For over 50 years, Davis has been recognized as a leader in developing and manufacturing precision weather, marine and environmental instrumentation. With customers across the global, Davis has become the trusted brand for meteorologists, educators, farmers, students, and discerning hobbyists. The business will join Union Park’s Advanced Environmental Monitoring platform (“AE Monitoring”), and will partner with the current businesses within the AE Monitoring family, including OneRain, High Sierra, Vieux & Associates, FTS, and Lambrecht Meteo. Terms of the transaction were not disclosed.

“We are delighted to have Davis join the AE Monitoring family. Davis has a strong product offering and history of excellent customer service,” says Peter McGuire, Partner & Co-Founder at Union Park Capital. Davis is the world leader in weather stations for agriculture and discerning hobbyists. “The value of their product is unmatched within the customer applications they target,” said Peter.

“We are very excited for Davis to join the Advanced Environmental Monitoring family,” says Jim Acquistapace, former owner of Davis Instruments. “Becoming part of a larger platform will allow the business to take advantage of collaborations with AE Monitoring’s other companies in meteorology, hydrology, and broader environmental monitoring parameters. Davis has best in class product development, world class manufacturing, and a broad set of potential applications and end markets to take its products. As a part of the AE Monitoring family, I am excited to see Davis continue to grow and innovate across these large global market opportunities.”

About Davis Instruments Corporation
Davis Instruments was founded in 1963 and has become recognized throughout the world for manufacturing affordable, precision weather and marine instruments to meet the needs of value-minded professionals and consumers who demand the best. From the sleek, full-featured Vantage Vue to the customizable, industrial-grade Vantage Pro2 to the market leading Windex Wind Vane, Davis Instruments has engineered products for meteorologists, educators, farmers, students, and discerning hobbyists. For more information, visit www.davisinstruments.com.

About Advanced Environmental Monitoring Holdings
Advanced Environmental Monitoring Holdings (AE Monitoring) was formed by Union Park Capital in 2018 to create a family of companies focused on monitoring of critical environmental parameters, including meteorology, hydrology, air, and soil. Social demands for environmental responsibility continue to increase, leading to growing initiatives and regulations for the development of environmental friendly industries, increased focus on disaster prevention and extreme weather (floods, hurricanes, droughts, thunderstorms, etc.), and advances in technology enabling real-time, more accurate monitoring in hazardous applications and environments. For more information, visit www.aemonitoring.com.

About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies. Union Park takes a long-term perspective to help stakeholders build value over time and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA, and has extensive investments and expertise in the analytical instrumentation sector. For more information, visit www.union-park.com.

FTS Joins the AE Monitoring Family of Companies

FTS, a leading manufacturer of fire weather and remote environmental monitoring solutions, joins the AE Monitoring family of companies.

VICTORIA, BRITISH COLUMBIA, CANADA – January 2, 2019. Union Park Capital, a Boston based private equity firm focused on lower middle-market industrial technology investments, today announced the acquisition of Forest Technology Systems, Ltd. (“FTS”), based in Victoria, British Columbia, Canada. FTS is a leading manufacturer of remote environmental monitoring solutions including systems, instrumentation, telemetry and software for the Hydrology, Fire Weather and Meteorology industries. The business will join Union Park’s Advanced Environmental Monitoring Holdings platform (“AE Monitoring”), which was launched in March 2018. Terms of the transaction were not disclosed.

“FTS is an exceptional addition to the AE Monitoring family,” says Peter McGuire, Partner & Co-Founder at Union Park Capital. FTS is the world leader in environmental monitoring solutions for predicting, preventing, and managing wildfires. FTS stations are used by all the top 50 government forest management agencies in the United States and Canada. “Their technical capabilities and deep application knowledge are unmatched,” said Peter. In addition to fire weather, FTS designs, manufactures and services sensors, dataloggers, camera systems, IoT software and mobile applications.

“Joining AE Monitoring is a great opportunity for FTS,” says FTS CEO David Reid. “Our mission will continue to be making our customers successful in their efforts to monitor, record, and analyze changes in the natural environment.” Mr. Reid will continue as CEO after the acquisition as will the entire FTS management team. “This is great news for our customers, employees and sales network. AE Monitoring provides us a platform to accelerate growth and deliver a broader solution set to our customers.”

About FTS Forest Technology Systems, Ltd.
FTS was founded in 1980 with a focus on the fire weather meteorological niche. Since then, FTS has become a leading manufacturer of remote environmental monitoring systems, instrumentation and communications technology for the Hydrology, Fire Weather and Meteorology industries. FTS is the world leader in environmental monitoring solutions for fire weather. The company’s headquarters, research and design lab, and manufacturing plant are located in Victoria, British Columbia, with a branch office in Blaine, Washington. For more information, visit www.ftsinc.com.

About Advanced Environmental Monitoring Holdings
Advanced Environmental Monitoring Holdings (AE Monitoring) was formed by Union Park Capital in 2018 to create a family of companies focused on monitoring of critical environmental parameters, including meteorology, hydrology, air, and soil. Social demands for environmental responsibility continue to increase, leading to growing initiatives and regulations for the development of environmentally friendly industries, increased focus on disaster prevention and extreme weather (floods, hurricanes, droughts, thunderstorms, etc.), and advances in technology enabling real-time, more accurate monitoring in hazardous applications and environments. For more information, visit www.aemonitoring.com.

About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies. Union Park takes a long-term perspective to help stakeholders build value over time and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA, and has extensive investments and expertise in the analytical instrumentation sector. For more information, visit www.union-park.com.