December 10, 2019 - We are pleased to announce that SRP Advisors initiated the transaction and acted as financial advisor to Nielsen-Kellerman in connection with the acquisition of Ambient Weather. Nielsen-Kellerman is a market leader in manufacturing tools for environmental monitoring across a wide range of professions under the Kestrel and NK brands. Kestrel Instruments and Kestrel Ballistics are renowned for their extreme accuracy and reliability amongst professionals in firefighting, HazMat, military, meteorology and other demanding markets. NK Sports offers a high-performance line of waterproof speed measurement, timing, and rugged audio systems for competitive rowers and watersport athletes. Ambient Weather is a market leader in weather stations and online weather data display, as well as a variety of other environmental monitoring instruments.
This transaction extends the successful track record of SRP Advisors working with leading companies in the specialty test and measurement instrument market.
“Ambient and Kestrel represent an ideal partnership for bringing accurate, accessible weather monitoring to people when and where they need it”
Alix James, CEO
For more information about this transaction or the merger and acquisition advisory services of SRP Advisors, LLC, please contact Sean Prendergast, Managing Partner at 818-514-8959.
Nielsen-Kellerman is a market leader in manufacturing tools for environmental monitoring across a wide range of professions. Kestrel Instruments and Kestrel Ballistics are NK brand product lines that are used and trusted around the globe. Renowned for their extreme accuracy and reliability, Kestrel meters and data loggers are relied on by professionals in firefighting, HazMat, military, meteorology and other demanding markets. Nielsen-Kellerman is also recognized worldwide for its high-performance line of waterproof speed measurement, timing, and rugged audio systems for competitive rowers and watersport athletes at NK Sports. NK is proud to be both a recognized leader in Lean Manufacturing and process improvement and an award-winning top workplace. Nielsen-Kellerman has been backed by Clearview Capital since 2017. For more information, visit www.nkhome.com.
About SRP Advisors, LLC
SRP Advisors, LLC provides merger and acquisition advisory services to both buyers and sellers of middle market companies. SRP Advisors provides strategic acquisition advisory services for public, private and private equity sponsored companies looking to grow their business through mergers and acquisitions. SRP Advisors also works with owners of private companies across all industry segments who might be interested in exploring alternatives for their company such as a full or partial sale of the business, an investment in the business from a private equity group, or a transition of ownership to management or the next generation of family. Contact Sean Prendergast, Managing Partner at 818-514-8959.