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Footprint Capital Advises Lake Shore Cryotronics, Inc. in Sale to DwyerOmega, a portfolio company of Arcline Investment Management
Footprint Capital Advises Lake Shore Cryotronics, Inc. in Sale to DwyerOmega, a portfolio company of Arcline Investment Management
Columbus, Ohio, June 10th, 2026 – Lake Shore Cryotronics, Inc. (“Lake Shore”) has been acquired by DwyerOmega (“DwyerOmega”), a Portfolio Company of Arcline Investment Management. (“Arcline”). Footprint Capital, LLC, (“Footprint”) acted as the exclusive sell-side advisor in the transaction.
Founded in 1968, Lake Shore is a leading provider of precision measurement solutions for cryogenic temperature, magnetics, material characterization, and cryostats. The Company designs and manufactures high-performance sensors, instruments, controllers, and systems that enable precision measurement and control for customers worldwide. Supported by certified calibration services and metrology-grade devices, Lake Shore serves a diverse range of end markets, including quantum computing, aerospace, medical, semiconductors, fusion, and research.
Committed to advancing science and technology for the benefit of humanity, Lake Shore has earned a strong global reputation for delivering reliable, easy-to-use solutions with exceptional performance. The acquisition enhances DwyerOmega’s precision temperature measurement portfolio in cryogenics while expanding its capabilities into magnetic measurement and material characterization, creating a broader suite of mission-critical measurement solutions for customers across advanced industrial and research markets.
Chuck Dubois, CEO of DwyerOmega, commented, "We are thrilled to welcome Lake Shore to the DwyerOmega family. Lake Shore is at the leading-edge of cryogenic temperature, magnetics, material characterization and cryostats solutions. Its advanced, highly engineered portfolio will strengthen our technology offering, while expanding our market presence and ability to serve customers across a variety of attractive end markets."
Michael Swartz, President & CEO of Lake Shore commented, "Joining DwyerOmega expands Lake Shore's commercial reach, broadens our product offerings and supports continued technological advancements for customers worldwide. We are excited to partner with a team that shares our commitment to innovation, quality, and customer support."
Matt Palmer and James Hafner of Squire Patton Boggs served as Lake Shore’s primary legal counsel during the transaction.
Read the full DwyerOmega press release here.
ABOUT FOOTPRINT CAPITAL
Footprint Capital is a middle market investment bank with locations in Columbus, Ohio and Pittsburgh, Pennsylvania focused on advising owners and operators of privately held companies in the middle market. Footprint Capital’s services include sell-side and buy-side merger and acquisition advisory, private equity and family office deal origination services, ownership transition planning, debt advisory, and strategic management consulting. For more information, visit: www.footprintcapital.com.
ABOUT DWYEROMEGA
DwyerOmega is a leading global manufacturer of precision measurement and control solutions, trusted across a diverse range of industrial and controlled environment applications to monitor, manage, and optimize critical processes with confidence. Serving customers across the globe with a portfolio of industry leading brands, DwyerOmega has a legacy and ongoing commitment to innovation and quality. For more information, visit: www.dwyeromega.com.
ABOUT ARCLINE INVESTMENT MANAGEMENT
Arcline, headquartered in Nashville, TN, is a growth-oriented private equity firm with over $30B in assets under management. The firm invests in businesses with persistent demand, limited disruption risk, and fragmented industry structures to support meaningful consolidation. It strives to build industrial platforms by bringing together mission-critical suppliers in resilient markets and to compound earnings long-term via strategic M&A operational rigor, and disciplined capital allocation. For more information, visit: www.arcline.com.