Innovative Electric Heaters, Temperature Sensors, and Controls for Technology and Industrial Markets
Watlow, founded in 1922 and headquartered in St. Louis, MO, designs and manufactures electric heaters and temperature sensors and controls, used in a wide variety of industries, including semiconductor capital equipment, energy and environmental technologies, medical, foodservice and refrigerated transportation. Watlow benefits from a well-known brand name, engineer-to-engineer relationships with a large installed base of sophisticated customers, and a global footprint with 12 manufacturing facilities, three technology centers and a network of sales offices across the United States, Mexico, Europe and Asia. Prior to the sale to Tinicum, Watlow was owned and managed by three generations of the Desloge family, who retain a minority equity ownership and board representation in partnership with Tinicum. The Desloge family’s decision to partner with Tinicum was influenced by our track record as a good steward of family-owned industrial businesses and our focus on building companies for the long term. Together, we intend to grow Watlow by investing in its people, technology and equipment, expanding geographically and making logical acquisitions.
Industry:Electric Heaters and Thermal Controls
Date of Investment:March 2021