Renovo Capital acquires Rochester Gauges

Renovo Capital LLC acquired Rochester Gauges LLC from Gas Equipment Co. Inc., all of which are based in Dallas.

Founded in 1913, Rochester Gauges manufactures gauges and sensors that measure liquid levels. Renovo Capital says Rochester Gauges will continue to manufacture those products, as well as provide resources and expertise to accelerate new product development.

With the acquisition, Renovo Capital also launched an operating partnership with industry executive Frank Guidone. Guidone previously led Measurement Specialties Inc., a sensor and measurement business he sold to TE Connectivity in 2014.

“Our priority will continue to be operating at a high level of quality and customer service as well as grow the business in current and new markets,” Guidone says. “We believe that Rochester serves as an optimal foundation for growth, both organically and through acquisition, in order to create a broad-based liquid level measurement business.”

*Featured image: iStock.com/Pattanaphong Khuankaew