New York City-based Radial Equity Partners has formed a partnership with Clark-Reliance Corp., a Strongsville-based designer and manufacturer of highly engineered instrumentation and filtration products. Terms of the agreement were not disclosed.
Formed in 1963 through the merger of Clark Manufacturing and Reliance Gage & Column, Clark-Reliance manufactures liquid level instrumentation and controls, sight flow indicators, filtration equipment and related consumables. The company’s products are sold under eight longstanding brands with a reputation for safety, premium quality and high reliability in demanding environments. Clark-Reliance serves more than 2,400 customers across a range of industrial end markets.
“Clark-Reliance has a rich legacy of technical leadership and innovation as well as a reputation for manufacturing excellence,” said Rick Solon, CEO of Clark-Reliance. “Our partnership with Radial will give us access to greater resources and capabilities to continue our expansion, both organically and through acquisitions.”
Scott Dysert, former CEO of Chromalox and Senior Advisor at Radial, will serve as Non-Executive Chairman of Clark-Reliance.
