Signal Hill Acquires Rotary Gas Meter Manufacturer
June 26, 2013
Signal Hill Equity Partners, a Canadian private equity firm, has acquired Romet, an Ontario-based manufacturer. Romet makes rotary gas meters for the gas utilities industry in North America and globally. Founded in 1972, the company has strong market positions in positive displacement rotary gas meters, electronic volume and temperature instrumentation and auxiliary equipment. Signal Hill is currently investing out of its second private equity fund, a CA$100 million vehicle.