February 28, 2022
Translink Corporate Finance announced the sale of Swinton Technology, a market leader in metering supervisory systems and measurement expertise in the oil & gas industry, to Sensia, an automation specialist in oil & gas production, transportation and processing.
Founded in 2001, Swinton has developed innovative metering solutions and has established collaborative relationships with many of the major operators in the oil & gas industry.
Sensia, headquartered in the Houston, USA, is a joint venture owned by Rockwell Automation and Schlumberger which brings together process automation, real-time control and IoT technologies with measurement and instrumentation, software, and analytical capabilities. The acquisition will integrate Swinton Technology products and solutions into the Sensia portfolio, expanding its metering opportunities and measurement domain expertise.
Ben Leach, Managing Director and exiting shareholder of Swinton said “We are excited about being part of a dynamic, customer focused global team and growing the business due to the extensive knowledge and experience of the combined entities. We will integrate many Swinton Technology solutions into the Sensia product portfolio and will work with the Sensia team to develop and supply market leading solutions. We very much appreciate Translink’s active role in helping us successfully complete this transaction.”
Contact our Team Members advising in this transaction:
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 32 years of advisory and merchant banking experience dedicated to middle-market transactions.