Monroe Infrared
Monroe Infrared
has been acquired by
Tounge Associates, LLC (TA) is pleased to announce that Monroe Infrared, of Brunswick, ME has been acquired by Guidant Power of Chicago, IL – a portfolio company of Shore Capital Partners. The transaction closed on April 29th, 2025. Tounge Associates provided M&A Advisory services to the seller.
Monroe Infrared’s been supplying state-of-the-art IR Cameras, Diagnostic Equipment, Infrared Certification Training and Professional IR Inspection Services for over four decades. The President and CEO, Christopher Casey worked with Tounge Associates over the course of several years to develop an exit strategy and support the sales process to Guidant Power.
Christopher commented on the transaction experience with Tounge Associates stating “Definitely want to thank you for sticking it out with me for the long haul, Jeff. We first started talking about succession plans in 2017. You and your team have made a very positive difference for me over the years developing on-going valuation and exit strategies as well as throughout this specific sale process here with Shore.”
Guidant Power delivers electrical safety services and training to North America’s top companies, ensuring they maintain the highest standards of electrical safety and reliability.
TA served as the sole advisor to Monroe Infrared. TA completed an initial valuation of the Company, assisted Monroe during the deal negotiations, and supported the due diligence and closing process between Monroe and Guidant Power.
