Washington, DC (April 8, 2024) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced that Accutrol, LLC (“Accutrol”) has been acquired TASI Measurment, a global supplier of industrial measurement and monitoring solutions. FOCUS served as the exclusive financial advisor to Accutrol in this transaction.
Accutrol is a recognized leader in airflow control and measurement solutions for critical environments such as laboratories, hospitals, pharmacies, and research facilities. Its flagship products include the AccuValve®, a low-pressure drop airflow control valve, and the AVC Fume Hood Control System, both of which have received AHR Innovation Awards.
Headquartered in Danbury, CT, Accutrol will continue to operate independently at its current location while becoming part of TASI Measurement’s HVAC Division, which also includes ONICON Inc., based in Largo, FL. Senior leadership, including Tim Berry, Vice President of Sales, and Brian O’Rourke, Vice President of Engineering, will remain in their roles and report to Bill Valentine, who leads the HVAC Division for TASI Measurement.
“We are excited to welcome Accutrol to our team,” said Bill Valentine. “They have a long-standing reputation for innovative products, superior technical expertise, and exceptional customer support. We look forward to collaborating with and investing in this talented team as they continue to drive Accutrol’s growth.”
Fred George, founder of Accutrol, added: “We are pleased to have found a like-minded long-term partner in TASI Measurement—one that understands our markets, customers, and application-specific solutions, and is committed to investing in our continued growth and exceptional talent.”
This acquisition marks a significant milestone for Accutrol, reinforcing its market position while expanding the capabilities of TASI Measurement’s HVAC Division.
Jorge Maceyras, Managing Director at FOCUS Investment Banking, commented: “Accutrol has eatablished a strong reputation in the industry with outstanding products and visionary leadership. We are pleased with the outcome of this transaction and look forward to seeing their continued success as part of TASI Measurement.”
Stan Gowisnock, Chief Strategic Officer at FOCUS, added: “Fred built a fantastic business from the ground up in Accutrol, and FOCUS was able to draw out significant buyer interest to ensure he found the ideal partner to take the business into the future. We couldn’t be happier for Fred and his family.”
Mr. Maceyras has more than 20 years of manufacturing industry experience as an investment professional, plant engineer, and consultant in the public and private sectors. He is a founding member of the Advanced Manufacturing team at FOCUS, where his broad-based experience across manufacturing industries, including precision components, biopharmaceuticals, automotive, and enterprise hardware, provides clients unique perspective in originating, executing and closing transactions.
Prior to FOCUS, Mr. Maceyras was an investment officer and portfolio manager at the United States Department of Energy Loan Programs Office. As an investment officer, Mr. Maceyras originated, structured, and negotiated subsidized corporate debt financings on behalf of the U.S. federal government, leading multi-disciplinary deal teams of attorneys, engineers, and advisors in the due diligence and review of corporate loan candidates and has presented to interagency investment committees including the Department of Justice, U.S. Treasury, and Executive Office of the President. As a portfolio manager at DOE, Mr. Maceyras oversaw a $6.5 billion corporate loan portfolio, leading the federal government’s activities in borrower relations, loan monitoring, and risk exposure for DOE’s Ford, Nissan, and Tesla investments. Mr. Maceyras began at DOE as a contractor to the federal government through IBM Global Business Services, where he was a managing consultant.
Prior to Federal service, Mr. Maceyras was a sell-side equity research analyst at a regional middle-market investment bank and broker/dealer. Earlier in his career, Mr. Maceyras was a manufacturing engineer at Human Genome Sciences (now GSK plc [NYSE:GSK]) and RWD Technologies (now Learning Technologies Group plc [AIM:LTG]). Mr. Maceyras is an avid entrepreneur and early-stage investor and continues to work with startups in the automotive manufacturing and residential real estate industries.
He holds an M.B.A. in Finance and a Bachelor of Science in Chemical Engineering with distinction, both from the University of Maryland, College Park. Originally from Washington, D.C., he currently resides in Cincinnati, Ohio with his wife and three kids.
