Dwyer Group of Companies | July 06, 2022
Arcline Investment Management (Arcline), today announced that it has completed the acquisition of Omega Engineering Inc. (Omega or the Company) from Spectris plc (LSE: SXS). Omega is a leading provider of sensing, control, and monitoring technologies and has joined the Dwyer Group of companies (Dwyer), an Arcline portfolio company.
Founded in 1962, Omega is an established global leader in the technical marketplace, offering more than 100,000 state-of-the-art products for measurement and control of temperature, humidity, pressure, strain, force, flow, level, pH, and conductivity. Omega also offers a complete line of data acquisition, heating, and custom-engineered products. Omega's business is fully integrated, with in-house design and engineering, manufacturing, and distribution capabilities facilitating made-to-order products at attractive lead times, positioning the Company as a technology partner of choice to process engineers worldwide.
As a global leader in sensing and instrumentation technologies, Omega is a logical, complementary addition to the Dwyer Group of companies, Arcline commented. Omega brings temperature sensing technology leadership as well as an innovative set of IIOT solutions, which have wide-ranging applications for Dwyer Group's existing sensing and instrumentation portfolio. Together, the combined businesses offer customers the broadest portfolio of highly configurable temperature, pressure, flow, and level solutions for critical environment and automation applications.
EC M&A served as financial advisor to Arcline.
About the Dwyer Group of Companies-
The Dwyer Group of companies consists of a series of companies and brands including Dwyer Instruments, Love Controls, Mercoid, WE Anderson, Proximity and UFM. Dwyer is a global leader in the design and manufacture of innovative sensors and instrumentation solutions for the IEQ, building automation, process and environmental markets. Founded in 1931, Dwyer is headquartered in Michigan City, Indiana, and has additional offices in Asia, Europe and Australia. To learn more about Dwyer Instruments, visit www.dwyer-inst.com.
About Arcline Investment Management-
Arcline Investment Management is a growth-oriented private equity firm with $4.4 billion in cumulative capital commitments. Arcline seeks to invest in technology-driven, meaningful to the world industrial businesses that enable a better future.
Kastle Systems | July 13, 2022
Kastle Systems, the leader in property technology and America's largest managed security provider, has been named to the Rokstone Construction Risk Underwriters (Rockstone CRU) Approved Security Vendor list. Rokstone CRU is a specialty Managing General Underwriter offering Casualty and Builder's Risk insurance products and services for complex construction projects throughout the US.
As a Rokstone Approved Security Vendor, Kastle can now deploy MobileSentry, the company's signature construction site video surveillance security solution, on any Rokstone-insured project. Kastle's MobileSentry enables construction companies to avoid paying the high costs associated with staffing in-person security guards after hours at construction sites by employing analytic enabled cameras with artificial intelligence instead. These smart cameras are programmed to digitally diagnose potential problem situations on-site and instantly alert live agents remotely monitoring from the Kastle US-based video operations center. Agents can view the video stream in real-time and administer live audio talk down deterrents to any human transgressor. MobileSentry also provides cloud-based storage of video for up to two years
"Kastle is proud to be named an Approved Security Vendor by Rokstone. Our priority at Kastle is to protect our client's sites and provide them with the most reliable and cost-efficient security technology and security solutions, like MobileSentry, from groundbreaking day one, We are eager to continue our work to protect the assets and sites of Rokstone insurers around the country."
-Nik Gagvani, General Manager of Video Services.
Kastle's system not only meets Rokstone's standard for analytical performance, but their approach to perimeter security also aligns with our emphasis on deterrence. Preventing a breach, rather than just capturing it, is imperative in our world. We believe Kastle has a first-class system to protect our risks across the country and are pleased to add them to our approved list of vendors. said Colton Kovar, Risk Engineer, Rokstone CRU.
About Kastle Systems-
Kastle Systems has been leading the property technology industry since 1972 with advanced technology solutions and services, protecting commercial real estate, multi-family residential, global enterprises, educational institutions, and critical government facilities. Kastle's state-of-the-art solutions include access control, video surveillance, visitor management and identity management, as well as a suite of mobile security applications, all integrated on an open, standards-based platform and supported by a team of experts 24x7x365. Headquartered in Falls Church, Virginia, Kastle is on Silicon Review's 2021 Five Best Security Companies to Watch list.
About Rokstone Construction Risk Underwriters-
Rokstone CRU is a specialty MGU offering Casualty and Builder's Risk insurance products and services for complex construction risks and projects throughout the United States. Our multifaceted team is equipped to successfully insure this intricate business with experience, expertise, and analytical thinking. Our team includes veteran construction insurance professionals, specialty claims experts and cutting-edge risk engineering specialists. Our advanced technology and analytics allow us to enhance the process, think innovatively and deliver customized products and concepts to our customers.
Rokstone's approach is to engage and work closely with the client's management team to review project systems and plans, identifying areas of concern. By engaging with the client's leadership team and utilizing these feedback systems, we are able to provide customized solutions and processes to fill any risk gaps and implement enhanced safety and risk management practices from the boardroom to the field level employees.
NIDUS3D | May 16, 2022
Habitat for Humanity Windsor-Essex, is partnering with the University of Windsor and nidus3D – Canada’s leaders in 3D construction printing, on the nation's first permitted 3D printed residential homes.
This historic project – on the site of Leamington’s The Bridge Youth Resource Centre – is a key step in increasing access to affordable housing in Canada.
“This will be a historic build, the first 3D printed homes for residential use in this country, and potentially a game-changing solution to the current housing crisis. Habitat Windsor-Essex is working with the University of Windsor to learn more about how this new technology can potentially shorten construction times, and, over time, reduce input costs. Habitat W-E will benefit from the learning here, and those learnings could have a far-reaching impact for Habitat, and for the construction industry more broadly,” said Fiona Coughlin, Executive Director & CEO Habitat for Humanity Windsor.
This build is partially funded through Canada Mortgage and Housing Corporation’s Innovation Fund. And thanks to the latest partnership with nidus3D, Habitat for Humanity is leaning on the company’s cutting-edge 3D construction technology to make home ownership more affordable in Canada.
“In Windsor-Essex alone, there are currently 6,500 individuals that are homeless or at risk of homelessness, and the current solutions are simply not adequate in addressing this issue, nidus3D is driven by the mission for increasing access to housing, and we’re deeply honoured for building the first multi-unit 3D printed homes in North America. This historic build serves as proof-of-concept for future builds, and paves the path for quicker and more cost-effective homes for Canadian families.”
Ian Arthur, President & Founder nidus3D
During COVID, there was devastating impact of co-living on rooming houses and other communal living spaces. There was loss of life that could have been prevented.
Krista Rempel, Executive Director for The Bridge Youth Resource Centre states, “We’re grateful for the opportunity to be part of this historic build. The Bridge is investing in housing through this collaborative opportunity to not only do their part in addressing this housing crisis but the initiative will also support on-going operating dollars to sustain the organization long-term.”
This first-of-its-kind project will result in four units, in a self-contained home each unit measuring 560 square feet.
“We are very proud to be an active partner and research collaborator in this landmark research project of 3D printed home construction,” said Dr. Sreekanta Das, Professor of Civil Engineering at the University of Windsor.
This construction project will help forming the design codes and standards on 3D printed constructions.
“We are excited about this innovative solution to addressing the national housing crisis,” said Hilda MacDonald, Mayor of the Municipality of Leamington. “We are very grateful the Municipality of Leamington was selected as the location of this first-of-its-kind fully accessible 3-D multi-unit residential build.”
The 3D printed homes will be available by Summer 2022 for individuals and couples in need of attainable housing. For more information, visit: 3D Printed Homes Partnership.
About Habitat for Humanity Windsor-Essex
Habitat for Humanity Windsor-Essex is a non-profit organization working for a world where everyone has a safe and decent place to live. You can support Habitat for Humanity Windsor-Essex by donating or shopping at the Restore located at 51 Edinborough St. in Windsor. Visit www.habitatwindsor.org for more information.
nidus3D is a strategic partner and distributor of COBOD BOD2 printers based out of Kingston, Ontario. With experience in construction, lean manufacturing, and public affairs, the team at nidus3D is actively deploying 3DCP (3D Construction Printing) technology to lower building costs and increase access to housing that is resilient, efficient and sustainable, all while complying with Canadian building standards. Visit nidus3d.com for more information.
About The Bridge Youth Resource Centre
The Bridge is a non-profit organization focused on the vision to help every youth reach their potential. Individuals can learn more about The Bridge, including giving opportunities, by visiting www.thebridgeyouth.ca.
About University of Windsor
The University of Windsor is a leading research and teaching university located in Windsor, Ontario, Canada. The Department of Civil and Environmental Engineering is an academic department within the Faculty of Engineering that has been researching the development of environmentally-friendly, sustainable printing materials, as well as the applications of 3D printing in construction to resolve the ongoing domestic housing crisis.