Union Park Capital, a Boston-based private equity firm focused exclusively on lower middle-market Industrial Technology investments, announced both the formation of Union Park Capital I and the consummation of its first platform investment, Testing Machines Inc. (“TMI”). TMI manufactures and markets materials testing instruments for the paper, pulp, film, foil, ink, coatings, nonwoven and corrugated industries. TMI has a network of sales offices and agents throughout the US and globally in over 50 countries. Its market leading brands include TMI, Fibro, Messmer Bűchel, Lako Seal Testers, TMI Trading (Shanghai) Co., Ltd., and Adamel L’Homargy and it holds #1 market positions in the measurement of friction, thickness, adhesion, and package seal testing. EC Mergers & Acquisitions acted as exclusive financial advisor to Union Park on this transaction
