AEA Investors LP (“AEA”) announced that it has acquired Burke Porter Group (“BPG”) from CEL Global Investment Fund, L.P. (“CGIF”). Financial details of the transaction were not disclosed.
Founded in 1953, BPG is a leading global provider of automated diagnostic, testing and production solutions serving life science and specialty industrial end markets. BPG’s global team operates across 21 manufacturing facilities and includes more than 500 engineers and technicians who specialize in designing, engineering and assembling precision machines and automation solutions for a variety of niche applications. BPG is headquartered in Ada, Michigan.
AEA was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA manages funds that have approximately $17 billion of invested and committed capital, and has an extensive history of partnering with leading companies in the industrial technology and automation industries to achieve growth and operational improvements.
EC M&A acted as financial advisor to AEA on this transaction.