Mercury Instruments has been sold to RMG GROUP, a portfolio company of Triton

Lincoln International, a leading global middle market investment bank, today announced that privately held Mercury Instruments, Inc. (Mercury or the Company) has been acquired by Germany based RMG GROUP (RMG), a portfolio company of Triton Partners (Triton). Transaction value was not disclosed.

Mercury is a leading designer and manufacturer of precision measurement and monitoring instruments for the global natural gas industry. The Company’s products which work in conjunction with natural gas meters by continually recording and analyzing gas pressure, temperature, volume and flow data include electronic instruments, software, mechanical chart recorders, telemetry systems, configuration software and enterprise-based data acquisition systems, as well as wireless communication products and power supply systems.

Lincoln International worked closely with Mercury throughout the process, from initially identifying and contacting potential acquirers to negotiating the terms of the transaction.

Lincoln ran a very tight, ethical and disciplined process which allowed our management team to not only showcase the Company, but also to get to know our prospective partners before deciding on the final buyer, said Gary Hudson, Mercury CEO. Lincoln’s integrity, dedication and expert advice, from our initial meetings up through closing, resulted in an outstanding outcome for Mercury, its Customers and its employees.

Mercury’s success can be traced to Company Founder and Chairman Richard Hannan’s philosophy to make Customers very happy. This mission has enabled Mercury to develop long-term, collaborative relationships with its Customers and to assemble a highly committed and dedicated workforce driven by a singular focus to meet Customer needs.

It was important to us to find a partner that shared the same Customer is King values that have helped Mercury sustain the success we have achieved over the years, said Richard Hannan. We believe RMG GROUP shares this Customer focus, setting up the combined companies for continued success.

We look forward to partnering with Gary, Richard and the rest of Mercury’s management and employees to integrate their business with RMG, said Dr. Henning Bähren, CEO of RMG GROUP. Mercury and RMG are an excellent fit in both a cultural and a business sense, and we foresee tremendous opportunity to better serve our global Customer base together.

About Mercury Instruments

Founded in 1950 as an industrial thermometer manufacturer, Mercury today designs and manufactures precision measuring and monitoring instruments for the global natural gas industry. Mercury designs and manufactures all of its products at its facility in Fairfax, Ohio, approximately ten miles northeast of downtown Cincinnati, where it employs approximately 120 people.

About RMG Group

Headquartered in Kassel, Germany, RMG GROUP is a leading partner of the worldwide natural gas industry with a history going back over 150 years. RMG, which also has subsidiaries in Canada, England and Poland, is present in over one hundred countries, offering a broad spectrum of products including regulators, metering devices, system solutions, stations and new energy saving devices such as gas turbo-expanders.

About Triton Partners

Triton is a leading independent private equity firm focused on investing in and growing mid-sized international businesses. Triton manages $1.7bn of committed equity capital from reputable international institutional investors and works from offices in Frankfurt, Stockholm and London.

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