United States
United States

Time filter

Source Type

U.K.-Based Group Will Continue to Focus on Growth BOSTON, MA--(Marketwired - Nov 1, 2016) - Battery Ventures has reached an agreement to acquire Michell Instruments Group, a designer and manufacturer of sensors and instrumentation for the precise measurement and analysis of humidity, moisture, and oxygen throughout industrial processes. The company has more than 40 years of experience in the field. In partnership with Battery, Michell Instruments -- based in Ely, United Kingdom -- will continue its long-standing tradition of pursuing growth. Battery's additional resources will support increased investment in the company's proprietary technology and in complementary acquisitions. Terms of the transaction were not disclosed. "This is great news for Michell's customers and employees. We look forward to working with Battery to continue Michell's tradition of excellence in the high-precision sensing field. We have enjoyed a strong period of growth under John Salmon's ownership and we now have a new partner in Battery Ventures to further our growth vision and extend our industry reach through investment in R&D and acquisitions," said Mike Bannister, Chief Executive of Michell Instruments. Founded in 1974, Michell is a global manufacturer of industrial instrumentation for precise measurement of moisture, dew point, relative humidity, and oxygen analysis in gases and liquids. Michell's products are used for process control and optimization of production efficiency. The company's clients span a wide variety of end markets including the oil and gas, power generation, pharmaceutical, compressed air, and food processing industries. The company will continue its proud tradition of high-quality manufacturing at sites in the United Kingdom, France, and the Netherlands. As part of the transaction, Battery executive-in-residence Adam Markin will join Michell Instruments as chairman of the board. Markin has over 20 years of global, general-management experience and was most recently the president and CEO of Industrial Safety Technologies ("IST"), a Battery Ventures' platform in the industrial gas detection market, which was acquired by Tyco's Scott Safety division in 2015. "Battery's industrial technology team has been following Michell for a number of years and we are excited to have the opportunity to work closely with the team to continue to build the company's market share and revenue as a leading global player in the large and growing process measurement and analysis market," said Jesse Feldman, Battery Ventures general partner. "The combination of Michell's product portfolio and the caliber of the existing management team is an excellent asset and foundation to continue to build upon as we grow Michell Instruments." Battery is continuing to expand its investment activity in the industrial-technology markets and has completed more than 40 industrial-related transactions across the U.S. and Europe since 2003. About Battery Battery strives to invest in cutting-edge, category-defining businesses in markets including software and services, Web infrastructure, consumer Internet, mobile and industrial technologies. Founded in 1983, the firm backs companies at stages ranging from seed to private equity and invests globally from offices in Boston, the San Francisco Bay Area, Israel, and London. Follow the firm on Twitter @BatteryVentures, visit our website at www.battery.com and find a full list of Battery's portfolio companies here. About Michell Instruments Headquartered in Ely, United Kingdom Michell Instruments is a worldwide leader in the field of moisture and humidity measurement solutions. With over 40 years' experience, Michell designs and manufactures a wide range of transmitters, instruments and system solutions capable of measuring dew-point, humidity and oxygen in a vast range of applications and industries ranging from compressed air, power generation, process, oil and gas, pharmaceutical and many more. With a fast-growing subsidiary and distribution network, the Michell Group provides solutions in moisture and humidity to the most demanding customers around the world.

Herring J.,Michell Instruments Inc.
Proceedings of the American Gas Association, Operating Section | Year: 2012

Hydrocarbon dew point is dependent on pressure, temperature, and the composition of the gas. Installed cost is an important consideration in the choice of methods used to measure hydrocarbon dew point. An inaccurate instrument choice can also add to the already high parasitic load by over-reporting the dew point temperature which would drive the control system to heat the incoming gas more than necessary. Reliable instrumentation producing an accurate measurement assists in controlling the costs of operating a gas processing plant, a pipeline or turbine compressors/generators and protecting these assets. The costs, risks, and major factors that contribute to best practices for measuring the hydrocarbon dew point of the natural gas fuel are discussed. This is an abstract of a paper presented at the 2012 AGA Operations Conference (San Francisco, CA 5/1-4/2012).

Herring J.,Michell Instruments Inc.
GPA Annual Convention Proceedings | Year: 2011

A discussion covers the major factors that contribute to best practices for measuring the hydrocarbon dew point in natural gas; most popular methods for measuring this parameter, i.e., manual visual method with a chilled mirror dew point instrument, EOS calculations from analysis by chromatography, and automatic optical dew point instrument; pros and cons for each technique; "Best Practices" for making this critical measurement using any of the techniques; and quantifiable financial impact of this measurement. This is an abstract of a paper presented at the 90th Annual Convention of the GPA (San Antonio, TX 4/3-6/2011).

Scelzo M.,Michell Instruments Inc. | Herring J.,Michell Instruments Inc.
ACS National Meeting Book of Abstracts | Year: 2011

In many petrochemical processes unwanted moisture has serious detrimental effects on plant operation and production efficiency. Catalytic processes often rely on trace moisture levels being continuously controlled below a strict threshold to avoid costly poisoning of the catalyst. Excessive moisture in hydrocarbon feedstocks produces unwanted reactions such as acid formation. Moisture in solvents used in polymer production results in adverse changes in fluid viscosity and drying times. In liquid fuels such as diesel, kerosene and LPG, the presence of moisture is an undesirable contaminant that can separate to form liquid water or ice if not restricted to low concentrations. In this paper, two case studies illustrate 'Best Practices' for successful moisture measurement in liquid hydrocarbons. These techniques significantly enhance catalyst life and reduce downtime while maximizing production efficiencies by avoiding undesired reactions and catalyst deactivation. The theory of continuous, on-line moisture measurement in hydrocarbon liquids is also discussed in detail.

Stokes A.M.V.,Michell Instruments Inc. | Price A.J.,Michell Instruments Inc. | Summers M.D.,Michell Instruments Inc.
Proceedings of the American Gas Association, Operating Section | Year: 2014

This paper will present recent developments in the field of TDLAS based moisture measurement techniques that are advantageous for field instrumentation and allow such analyzers to meet both the present natural gas processing markets needs, and the future challenges in this sector that result from the increasing proportion of shale gas entering the transmission system. Test data are presented illustrating the performance of such an analyzer covering natural gas compositions illustrative of the variations that are known to occur dynamically in natural gas derived from conventional and unconventional sources.

Herring J.,Michell Instruments Inc.
86th Annual International School of Hydrocarbon Measurement 2011 | Year: 2011

The focus of this paper is to identify the major factors that contribute to best practices for measuring the hydrocarbon dew point (HCDP) in natural gas. The three most popular methods for measuring this parameter will be discussed. These three techniques are: • Manual visual method with a chilled mirror dew point instrument • Equation of state calculations from analysis by chromatography. • Automatic optical dew point instrument. Pros and cons for each technique will be listed that will provide a basis for comparing these three methods of measurement for this important parameter. The "Best Practices" for making this critical measurement using any of the techniques above will be discussed. The quantifiable financial impact of this measurement will be shown.

Stokes A.M.V.,Michell Instruments Inc. | Summers M.D.,Michell Instruments Inc.
Proceedings of the American Gas Association, Operating Section | Year: 2013

With natural gas as a key source of energy globally, there is a great need for effective analysis of gas composition and the associated cost of gas processing. Due to the sheer scale of the industry, optimizing these processes can result in correspondingly large gains in cost efficiency. A discussion covers the driving factors for improved process instrumentation for the natural gas industry; historic and emerging natural gas trends; phase envelope of natural gas; the role of light and optics in moisture and HCDP measurement; and technologies for the measurement of moisture in natural gas, including impedance and capacitive sensors, chilled mirror, quartz crystal micro-balance, and tuneable diode laser spectroscopy, and the advantages and disadvantages of each technique. This is an abstract of a paper presented at the 2013 AGA Operations Conference (Orlando, FL 5/21-24/2013).

Loading Michell Instruments Inc. collaborators
Loading Michell Instruments Inc. collaborators