Impact investor Advantage Capital led a $4.5 million investment in Whitman Controls, LLC, a pioneer in the bespoke design and production of pressure, vacuum, level, and temperature switches located in Bristol, UK.
The business will use the money to buy new machinery to increase production capacity and open up new markets. It will also use the money to strategically bolt-on acquisitions in the industrial sensors market.
Established in 1968 and headed by General Manager Scott Boulanger, Whitman Controls is a market leader in the bespoke design and production of temperature, pressure, vacuum, and level switches and sensors.
The business has developed sensor solutions for hundreds of OEM companies worldwide for more than 50 years, working with design engineers in a wide range of sectors and applications. Whitman Controls holds UL, CE, and ISO 9001 certifications.
LDR Growth Partners LP, a people-focused investment organization, is the owner of Whitman Controls. It provides equity funding and other assistance to grow-oriented companies, management teams, and entrepreneurs in order to help them expand their operations and optimize their profits.
Concerning Whitman Controls LLC
Established in 1968, Whitman Controls LLC is a prominent player in the industry, specializing in the custom design and production of temperature, level, vacuum, and pressure switches and sensors. The business has been closely collaborating with design engineers from hundreds of OEM companies worldwide for more than 50 years to provide innovative sensor solutions that are applicable to a wide range of industries and applications. Whitman Controls holds UL, CE, and ISO 9001 certifications.
Concerning Advantage Capital
Leading impact investing company Advantage Capital has a strong focus on directing funds into underprivileged communities. The company offers adaptable finance to sectors and growth-ready businesses in areas where traditional sources of credit are frequently unavailable. In order to sustain more than 67,000 high-quality employment, the company has invested more than $4 billion in more than 900 businesses since 1992. In order to strengthen economies and communities, the company also makes deliberate investments in projects of affordable housing and sustainable energy sources.
