Process Sensing Technologies (PST) has been sold by AEA Investors and Battery Ventures to DwyerOmega, a portfolio company of Arcline Investment Management.
PST is a manufacturer of instruments, analyzers, and sensors used in various industries.
AEA Investors acquired a majority stake in PST in 2020 and since then, PST has expanded its operations through acquisitions.
DwyerOmega, the buyer of PST, is focused on control investments in companies with recurring revenue models.