Houlihan Lokey Advises DwyerOmega

Houlihan Lokey is pleased to announce that DwyerOmega, a portfolio company of Arcline Investment Management (Arcline), has acquired Lake Shore Cryotronics (Lake Shore). The transaction closed in June 2026.

DwyerOmega is a leading global manufacturer of precision measurement and control solutions, trusted across a diverse range of industrial and controlled environment applications. A portfolio company of Arcline, DwyerOmega serves customers across the globe with a portfolio of industry-leading brands and an ongoing commitment to innovation and quality. Arcline is a growth-oriented private equity firm with more than $30 billion in assets under management, focused on building market-leading industrial platforms designed to consistently grow earnings over decades.

Lake Shore is a leading provider of measurement solutions for cryogenic temperature, magnetics, material characterization, and cryostats. Founded in 1968 and headquartered in Westerville, Ohio, Lake Shore delivers high-performance sensors, monitors, controllers, and systems to support breakthrough research and manufacturing globally. The company’s solutions enable precision measurement and control with certified, world-class calibration and metrology-grade devices across industries, including quantum computing, aerospace, medical, semiconductor, fusion, and research.

Lake Shore’s highly engineered portfolio strengthens DwyerOmega’s precision temperature measurement capabilities in cryogenics while expanding its presence into magnetics and material characterization. The acquisition broadens DwyerOmega’s technology offering and market reach across a variety of attractive end markets, supporting continued innovation and technological advancement for customers worldwide.

Houlihan Lokey served as the financial advisor to DwyerOmega and Arcline in connection with this transaction.

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