The middle market group of AEA Investors has acquired Burke Porter Group Company a portfolio company of China Everbright. China Everbright acquired Burke Porter in 2015 through its CEL Global Investment Fund LP.
Burke Porter (BPG) specializes in automating high-precision processes and is a supplier of automated diagnostic, testing and production equipment used in life science, automobile end-of-line testing, 3D printing systems, and other specialty industrial applications. The company’s specific capabilities include microfluidics, optical design, additive manufacturing, motion control, and software.
Burke Porter’s products are used for large-scale diagnostics for personalized medicine, automated production of medical devices, in-line and aftermarket testing of autonomous and safety systems for vehicles, and in advanced manufacturing across numerous other end markets.
Burke Porter, founded in 1953 and headquartered in Grand Rapids, Michigan, has 21 manufacturing facilities and employs more than 500 engineers and technicians.
AEA invests across three sectors – value-added industrials, consumer, and services – and has 100 investment professionals at its headquarters in New York City with additional offices in Stamford, San Francisco, London, Munich and Shanghai. AEA was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co.
China Everbright, through its Hong Kong-based CEL Global Investment Fund LP, makes investments in North America and Europe-based companies that are active in the following sectors: advanced manufacturing, mobility technologies, agriculture, life sciences, environmental management, media and telecommunications, and wealth protection services.
© 2022 Private Equity Professional | August 2, 2022
