04 Nov 2025

"Norton Rose Fulbright Advises LDR Partners LP on Acquisition of Duro-Sense Corporation"

"Global law firm Norton Rose Fulbright advised private equity sponsor LDR Partners LP in acquiring all assets of Duro-Sense Corporation, a California-based manufacturer of high-precision temperature sensors. The transaction, completed on October 17, 2025, involved forming a new subsidiary, Duro-Sense LLC, and utilizing debt financing. Duro-Sense's product offerings include various industrial temperature sensors and related services. The deal was led by Norton Rose Fulbright attorneys Debra Gatison Hatter and Jon Riley, along with their team."

Global law firm Norton Rose Fulbright acted as legal counsel to private equity sponsor LDR Partners LP in its acquisition of all assets of Duro-Sense Corporation, a closely-held California corporation specializing in the manufacturing of high-precision temperature sensors and assemblies. The transaction, which closed on October 17, 2025, involved the formation of a new subsidiary, Duro-Sense LLC (a Delaware LLC), as the acquiring entity. LDR Partners LP utilized debt financing provided by Advantage Capital Connecticut Partners VI, LP, CDVCA 29, LLC, and CDVCA 30, LLC to complete the acquisition. Duro-Sense Corporation's product line includes mineral-insulated "Sheath-Pak" thermocouples, industrial temperature sensors, resistance temperature detectors, high-temperature thermocouples, plastics industry thermocouples, and engine compressor thermocouples, along with after-sales services such as equipment repairs, calibration, testing, and engineering support. The Norton Rose Fulbright deal team was led by Debra Gatison Hatter (Partner, Houston) and Jon Riley (Partner, Dallas), and included Chloe Farrar (Associate, Dallas), John Ngunjiri (Associate, Houston), and Alexia Thomas (Associate, Houston).
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