Hoskin Scientific acquires Durham Instruments
Mike EdwardsNews People in Process acquisition distributors Durham Instruments Hoskin Scientific instrumentation Justin Warren
Hoskin Scientific of Oakville, ON, has acquired Pickering, ON-based Durham Instruments, a supplier of test and measurement instrumentation, data acquisition and control systems. The business offers custom system measurement solutions, including hardware and software integration and on-site technical service.
“Since 1977, Durham Instruments has built a strong reputation for delivering expert consultative support to customers in the aerospace, automotive, industrial, and research fields.
“Hoskin’s national footprint will provide a platform for Durham to be able to accelerate its growth as well as provide existing Hoskin customers access to a wider range of products. The acquisition of Durham further enhances Hoskin’s positioning as the Canadian market leader of test and measurement solutions.”
The Durham business will continue to trade under its own brand and will sit alongside the Avensys and CTH brands in the Hoskin Scientific portfolio.
Debt financing for the transaction was provided by PNC Mezzanine Capital. River Associates and the management teams at Hoskin and Durham continue to seek complementary strategic acquisition partners for the company.
Founded in 1946, Hoskin Scientific provides test and measurement data to monitor critical applications in environmental, geotechnical, and industrial applications.
The company provides dedicated local technical support to customers across Canada through a national network, providing sales, service support, integration, and rental of test and measurement solutions across 4 locations in Vancouver, Edmonton, Oakville, and Montreal.
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