Jun 03, 2008

TenX Ventures Acquires Sparling Instruments, Inc.

Yosufi Tyebkhan, TenX managing partner, will become president of Sparling

TenX Ventures, LLC has announced the acquisition of Sparling Instruments, Inc., a leading manufacturer of flow measurement solutions. Headquartered in El
Monte, Calif., Sparling designs and manufactures flowmeters for the water and wastewater flow measurement markets, as well as for general industrial flow measurement markets. The company’s product lines include the TigermagEP line of magnetic flow meters as well as lines of propeller and vortex meters.

With the acquisition, Yosufi Tyebkhan, TenX Ventures managing partner, will become president of Sparling Instruments. “Sparling has a long-established history in flow measurement, with well-known product lines and long-standing customer relationships," said Tyebkhan.

He added: “We are very excited by the opportunity to build on the almost 100 years of history to grow the firm through investment in sales, operations and product development."

Steve Kim, Sparling’s current president, will remain in an advisory role through a transition period.

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