The Protectoseal Company has acquired Electronic Systems Design Inc. Terms of the deal were not released. Protectoseal makes products designed to protect low pressure storage tanks, vessels, processes and ancillary equipment from fire and explosion.
The Peakstone Group served as exclusive financial advisor to The Protectoseal Company (“Protectoseal”) on its acquisition of Electronic Systems Design, Inc.
Jim Honan, President of Protectoseal said, “Electronic Systems Design is a strategic acquisition that adds a complementary product offering that we can sell to our existing customers throughout the world. Peakstone understood our business and strategy, delivered a strategic and compelling acquisition candidate, and assisted us in navigating the transaction to close.”
Terms of the transaction were not disclosed.
About The Protectoseal Company
For over 85 years, Protectoseal has been an industry pioneer and leading manufacturer of products that conserve and control volatile emissions and protect low pressure storage tanks, vessels, processes and ancillary equipment from fire and explosion. Protectoseal’s integrated line of pressure and vacuum relief vents, flame arresters and related vapor control devices are most often used in liquid storage and processing applications found in numerous manufacturing industries.
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