Select Prior Investments – Instron Corporation
Instron is a recognized worldwide brand and market leader in the materials testing industry. The company has an extensive product portfolio of testing machines that are used to test the mechanical properties and performance of various materials, components and structures.
Kirtland invested in Instron through a complex take-private transaction and had to guide the business through a challenging economic cycle shortly after closing. We worked to strengthen the senior management team, streamline operations, increase the focus on service revenue, and introduce new products into the Asian markets.
Kirtland successfully exited its investment with the sale to Illinois Tool Works.