Hammond Kennedy Whitney acquires RST Instruments
U.S. mid-market private equity firm Hammond Kennedy Whitney & Co (HKW) has bought RST Instruments Ltd, a manufacturer and marketer of geotechnical measurement instruments that serve a wide variety of end markets, including oil and gas, utility, mining and infrastructure. The Maple Ridge, British Columbia-based company was acquired in a recapitalization transaction for an undisclosed amount, one of three such transactions announced by HKW. RST was represented exclusively by Deloitte in the deal. Last September, HKW invested in Calgary's Specialized Tech Inc.
8 August 2014•2 mins read
