L Squared Capital Partners of Newport Beach says its CogneSense platform has acquired L&J Technologies of Ontario. Financial details were not released.
L&J is the first acquisition made by CogneSense since its founding by L Squared in late 2023.
L&J Technologies designs, engineers, and manufactures precision industrial tank level gauging, equipment, control systems, and solutions for safety and compliance in bulk storage industrial tank applications.
CogneSense “is pursuing a buy and build strategy with a focus on combining longstanding, trusted, and leading environmental sensing, measurement, monitoring, and control businesses with younger companies that add additional technological innovation and capabilities,” according to L Squared.
