PRESS RELEASE: OneTemp sold to an Undisclosed Buyer

November 6, 2023


Adelaide Head Office

Johnsons is pleased to announce the successful sale of a private, mid-sized Australian business to an undisclosed trade buyer. After facilitating a compre-hensive, end-to-end sales and negotiations process, our client – OneTemp – has been acquired by for an undisclosed amount. Based in Adelaide, OneTemp is a long-established B2B distributor of premium industrial and environmental instrumentation, which is used in a wide range of commercial & research settings.

The team at Johnsons were pleased to act as lead advisors to OneTemp’s owner and would like to extend our congratulations to both the Vendor and the Purchaser.

In early 2023, Johnsons Corporate was engaged to assist OneTemp’s founding director in the implementation of a succession strategy for his retirement. Already run under management, he sought a new owner for the Business that would be committed to the ongoing operation of the company and to the future prospects of its long-serving management, staff, and loyal customers.

Johnsons undertook a national divestment campaign on his behalf, marketing the opportunity to a custom database of prospective trade buyers. A combination of direct mail and phone calls to the directors of those companies elicited 30+ expressions of interest from a wide range of instrumentation distributors servicing one or more of the testing & measurement, scientific & laboratory, electrical, and/or automation & control markets. Within 8 weeks of going to market, Offer & Acceptance were secured with a highly motivated buyer, who represented a strong cultural fit with the organisation and its management team.