Founded in 1913 and based in Dallas, TX, Rochester Gauges is a manufacturer of gauges and sensors that measure liquid levels of various fuels, including propane, gasoline and diesel for various applications, such as residential and commercial propane tanks, forklifts, RV’s, lawn and garden equipment, tractors and personal aircraft. Rochester has manufacturing facilities in Dallas, Texas; Mexico City, Mexico; Brussels, Belgium with a sales office in Shanghai, China.
Renovo’s investment will allow Rochester to continue its long history of manufacturing quality gauges and sensors as well as provide the resources and expertise to accelerate development of leading-edge products that will better serve its customer base. The acquisition also launches a new platform investment in the sensor and measurement space in partnership with industry executive and operating partner Frank Guidone. Frank previously led Measurement Specialties, Inc (NASDAQ: MEAS), selling the business to TE Connectivity (NYSE: TEL) in late 2014.