Industrials

Chromalox

Status
Exited
Location
Pittsburgh, PA
Investment Type
Private Equity
Investment Themes

Chromalox, a pioneer in precision heat technology, is a leading global manufacturer of commercial and industrial electric heating branded products and solutions. Over its 90-year history, Chromalox has produced the world’s broadest line of electric heat and control products, with a catalog of about 700,000 product designs that include heating components, immersion heaters, circulation systems, heat transfer systems, boilers, industrial and comfort air heating, heat trace cables, sensors, and precision electronic controls. A one-stop supplier for heating applications, Chromalox serves a diverse base of more than 60,000 registered customers, including distributors, end users, OEMs, catalog houses, and system integrators. Customers rely on Chromalox for high-quality, innovative solutions and best-in-class customer service.

With Sentinel’s support, Chromalox’s organic growth was substantial, and its profits almost doubled. In 2012, after achieving substantially all of our investment objectives, Chomalox was sold to another private equity firm.