Trimble has sold LOADRITE, Protempis, SECO and Spectra Precision Tools to TJC

LOADRITE, Protempis, SECO and Spectra Precision Tools

LOADRITE offers accurate scales for loaders, excavators, conveyor belts, tractors, refuse trucks and forklifts that connect with payload-reporting and monitoring systems for the waste, quarry and aggregates industries. The products improve user efficiency by weighing products while they are on a vehicle or belt, eliminating the need for a separate trip to a fixed scale location. Protempis uses the accuracy of GNSS clocks to provide precise time, synchronization and frequency reference signals for many industries and applications. Communication systems, data centers, financial networks, utilities, factory automation, security and other infrastructure rely on precise timing for synchronization and operational efficiency.

SECO designs and manufactures a wide variety of accessory products used in conjunction with surveying and construction instruments. The portfolio of accessory products includes tripods, telescopic poles, prisms, carrying cases, GPS antenna poles, safety vests and leveling rods. Spectra Precision Tools designs and manufactures high-quality leveling, positioning and alignment instruments used for general, exterior and underground construction. The instruments incorporate laser and optical technology for general contractors and specialty contractors serving large and small commercial jobsites as well as residential builders and remodelers.

The Deal

The Jordan Company (TJC), a private equity (PE) firm, completed the acquisition in partnership with industry executive Drew Ladau to form Precisional LLC,a global platform focused on precision measurement and data solutions driving efficiencies in the most demanding infrastructure end markets.

Trimble

Trimble (NASDAQ: TRMB) is an industrial technology company transforming the way the world works by delivering solutions that enable customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation. For more information, please visit www.trimble.com.

TJC

TJC, founded in 1982, is a mid-market PE firm that manages funds with original capital commitments in excess of $19 billion with a 40-year track record of investing in and contributing to the growth of many businesses across a wide range of industries, including diversified industrials; technology, telecom and utility; logistics and supply chain; consumer and healthcare. The senior investment team has been investing together for over 20 years, and they are supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. TJC has offices in New York, Chicago and Stamford, Connecticut. For more information, please visit www.thejordancompany.com.

Share: