AEA Investors

Excelitas Technologies Acquires Heraeus Noblelight, Strengthening its Position in Global Specialty Lighting Markets

Retrieved on: 
Monday, January 8, 2024
Acquisition, Partnership, Electronics, AEA Investors

“We are very pleased that Noblelight and its strong team are now part of Excelitas.

Key Points: 
  • “We are very pleased that Noblelight and its strong team are now part of Excelitas.
  • The combined knowledge and manufacturing expertise of Excelitas and Noblelight now present one of the broadest and most extensive light technology offerings available from a single source.
  • We share a field-proven go-to-market strategy based upon deep customer engagement, which enables market success and ensures long-standing business relationships,” said Ron Keating, Excelitas Technologies CEO.
  • The acquisition of Noblelight represents the latest in a series of strategic acquisitions by Excelitas Technologies since its establishment in 2010.

Excelitas Technologies Appoints New CEO and CFO to Lead a Company Poised for Growth

Retrieved on: 
Tuesday, October 24, 2023
Sale, Kennametal, Growth, Executive, CFO, Safety, AEA Investors, Management

Mr. Keating and Mr. Stas succeed former CEO David Nislick and former CFO Jim Rao who have announced their retirements.

Key Points: 
  • Mr. Keating and Mr. Stas succeed former CEO David Nislick and former CFO Jim Rao who have announced their retirements.
  • “Nearly 20 years ago, I joined Excelitas, the past 13 of which I had the privilege of serving as its CEO,” said David Nislick.
  • “Ben and I are honored to join the Excelitas team as we embark on an exciting future for the company,” said Keating.
  • And visit the Excelitas Leadership webpage to view executive bios for Ron Keating, Ben Stas and their immediate team.

Excelitas Technologies to Acquire Heraeus Noblelight Business from Heraeus Group

Retrieved on: 
Friday, September 15, 2023
AEA Investors, Electronics, Plasma, LED, Acquisition, Investment, Growth, Pharmaceutical industry, Renewable energy

Heraeus Noblelight is an operative company within Heraeus Group, a broadly diversified and globally leading family-owned technology group.

Key Points: 
  • Heraeus Noblelight is an operative company within Heraeus Group, a broadly diversified and globally leading family-owned technology group.
  • "We see tremendous potential in the union of Heraeus Noblelight’s technology portfolio with our own extensive offering in plasma and LED products.
  • The acquisition of Heraeus Noblelight will represent the latest in a series of strategic acquisitions by Excelitas Technologies since its establishment in 2010.
  • "As a leading player in the specialty light market, Heraeus Noblelight has a strong footprint in the areas of market access, problem-solving expertise, and technological bandwidth.

BURKE PORTER GROUP ANNOUNCES NEW DIVISION TO BRING ADVANCED DRIVER ASSISTANCE SYSTEM CALIBRATION TO AUTOMOTIVE AFTERMARKET

Retrieved on: 
Wednesday, July 19, 2023
AEA Investors, Intelligence, BPG, Growth, ADAS, OEM, Kelly, Safety, Calibration

GRAND RAPIDS, Mich., July 19, 2023 /PRNewswire/ -- To address the industry-wide need for advanced driver assistance system (ADAS) calibration in the automotive aftermarket, Burke Porter Group (BPG), a leading global supplier of OEM end-of-line testing solutions, today announced the creation of a new aftermarket business unit, expanding market opportunities for its ADAS calibration business. Additionally, the Company has appointed industry veteran Doug Kelly as president of the new division, responsible for leading its development, growth, and ongoing support. Kelly will report to CEO Jeffrey Moss.

Key Points: 
  • GRAND RAPIDS, Mich., July 19, 2023 /PRNewswire/ -- To address the industry-wide need for advanced driver assistance system (ADAS) calibration in the automotive aftermarket, Burke Porter Group (BPG), a leading global supplier of OEM end-of-line testing solutions, today announced the creation of a new aftermarket business unit, expanding market opportunities for its ADAS calibration business.
  • "We have been calibrating and verifying ADAS at factories around the world for decades, and we recognize that the automotive aftermarket needs the same tools and technology," said Jeffrey Moss, CEO of Burke Porter Group.
  • "Burke Porter is uniquely positioned to serve the automotive aftermarket industry with its patented technology and decades of experience in OEM end-of-line vehicle calibration and testing," said Kelly.
  • To learn more about Burke Porter Group's automotive business, please visit https://www.burkeportergroup.com/industries/automotive/ .

Industry Veteran Dave Kilimnik joins the Board of OneSix

Retrieved on: 
Wednesday, May 31, 2023
AEA Investors, Microsoft, Sale, Organization, CI Capital Partners, Triple accreditation, Harvard Business School, Growth, AWS, Consultant, Sales, Snowflake

CHICAGO, May 31, 2023 /PRNewswire/ -- OneSix , a leading data transformation company and Snowflake Premier partner, today announced that Dave Kilimnik, previously Founder and CEO of Hero Digital, has joined its Board of Directors.

Key Points: 
  • CHICAGO, May 31, 2023 /PRNewswire/ -- OneSix , a leading data transformation company and Snowflake Premier partner, today announced that Dave Kilimnik, previously Founder and CEO of Hero Digital, has joined its Board of Directors.
  • OneSix helps companies build the strategy, technology and teams they need to unlock the power of their data.
  • As part of OneSix's Board of Directors, Dave will bring his 20+ years of technology services experience to help guide the rapid growth and capabilities expansion of OneSix as the organization helps its clients become Modern Data Organizations .
  • Dave currently sits on the Board of Hero Digital and is an Executive Fellow at the Harvard Business School.

Global UV Curing System Market Report 2023: Sector is Expected to Reach $9.8 billion by 2032

Retrieved on: 
Tuesday, May 30, 2023
Benchmark, AEA Investors, Urbanization, METZ, IST, Electronics, Coronavirus, Printing, COVID-19, Omron, Mercury, EVS, UV, Kyocera, Disinfectant, Arc lamp, Growth, Transport, Create, Bob Albrecht, Retail, Marketing, 3D printing, Agriculture, Adhesive

The spot cure market was the largest segment of the UV curing system market segmented by type, accounting for 61.4% of the total in 2022.

Key Points: 
  • The spot cure market was the largest segment of the UV curing system market segmented by type, accounting for 61.4% of the total in 2022.
  • The UV curing system market is segmented by technology into mercury lamp, microwave lamp, arc lamp, and UV led.
  • Market-trend-based strategies for the UV curing system market include technological advancements, focus on microwave UV curing technology, focus on hybrid LED (light-emitting diode) UV retrofit systems, new product launches and strategic partnerships and collaborations.
  • Player-adopted strategies in the UV curing system market include strengthening business by launching new products and enhancing business capabilities through strategic acquisitions.

UV Curing System Market Competitive Landscape: Top Players and Their Strategies- By The Business Research Company

Retrieved on: 
Thursday, May 11, 2023
Smell, AEA Investors, Urbanization, METZ, Partnership, Noise, IST, Printing, Organic compound, Omron, AG, Volatile organic compound, LED, Quantum, UV, Kyocera, Bob Albrecht, 3D printing, Adhesive, Fujifilm

LONDON, May 11, 2023 /PRNewswire/ -- As per The Business Research Company's UV Curing System Global Market Report 2023, the global UV curing system market size will grow from $2.7 billion in 2022 to $3.1 billion in 2023 at a compound annual growth rate (CAGR) of more than 14%. The UV curing system market size is then expected to grow to $5.3 billion in 2027 at a CAGR of more than 13%. Going forward, global population growth and urbanization and favorable government initiatives will drive the UV curing system market growth.

Key Points: 
  • The UV curing system market size is then expected to grow to $5.3 billion in 2027 at a CAGR of more than 13%.
  • Going forward, global population growth and urbanization and favorable government initiatives will drive the UV curing system market growth.
  • The global UV curing system market is fragmented, with a large number of players.
  • According to the UV curing system market analysis , the top growth potential in the UV curing system market segmented by type will arise in the spot cure segment, which will gain $1.5 billion of global annual sales by 2027.

UV Curing System Market Competitive Landscape: Top Players and Their Strategies- By The Business Research Company

Retrieved on: 
Thursday, May 11, 2023
Smell, AEA Investors, Urbanization, METZ, Partnership, Noise, IST, Printing, Organic compound, Omron, AG, Volatile organic compound, LED, Quantum, UV, Kyocera, Bob Albrecht, 3D printing, Adhesive, Fujifilm

LONDON, May 11, 2023 /PRNewswire/ -- As per The Business Research Company's UV Curing System Global Market Report 2023, the global UV curing system market size will grow from $2.7 billion in 2022 to $3.1 billion in 2023 at a compound annual growth rate (CAGR) of more than 14%. The UV curing system market size is then expected to grow to $5.3 billion in 2027 at a CAGR of more than 13%. Going forward, global population growth and urbanization and favorable government initiatives will drive the UV curing system market growth.

Key Points: 
  • The UV curing system market size is then expected to grow to $5.3 billion in 2027 at a CAGR of more than 13%.
  • Going forward, global population growth and urbanization and favorable government initiatives will drive the UV curing system market growth.
  • The global UV curing system market is fragmented, with a large number of players.
  • According to the UV curing system market analysis , the top growth potential in the UV curing system market segmented by type will arise in the spot cure segment, which will gain $1.5 billion of global annual sales by 2027.

DuPont to Acquire Spectrum Plastics Group from AEA Investors

Retrieved on: 
Tuesday, May 2, 2023
Slate, AEA Investors, Health, DuPont, Original equipment manufacturer, Medication package insert, Organization, EBITDA, Acquisition, Partner, Investment, Skadden, Arps, Slate, Meagher & Flom, Electrophysiology, Engineering, Growth, EPS, NYSE, Medical device, Pharmaceutical industry, Spectrum

WILMINGTON, Del., May 2, 2023 /PRNewswire/ -- DuPont (NYSE: DD) today announced that it has entered into a definitive agreement to acquire Spectrum Plastics Group ("Spectrum") from AEA Investors.

Key Points: 
  • WILMINGTON, Del., May 2, 2023 /PRNewswire/ -- DuPont (NYSE: DD) today announced that it has entered into a definitive agreement to acquire Spectrum Plastics Group ("Spectrum") from AEA Investors.
  • "Spectrum is a best-in-class company for the development and advanced manufacturing of specialty medical devices and components," said Rahul Goyal, a Partner at AEA Investors.
  • We are proud to have supported Spectrum's transformation for the past five years and believe DuPont is an excellent partner for Spectrum.
  • Fried, Frank, Harris, Shriver & Jacobson LLP served as legal advisor and Piper Sandler Companies served as financial advisor to Spectrum and AEA Investors.

Neural Propulsion Systems Welcomes Rick Wagoner, Former GM Chairman and CEO, as Investor and Board Observer

Retrieved on: 
Tuesday, April 4, 2023
AEA Investors, Senior, AMD, TPG Inc., Mazda North American Operations, Head, NPS, Elizabeth Cross, Temasek, Radar, Retirement, Partner, GM, CFO, Knowledge, Growth, ADAS, Graham Holdings, General Motors Europe, General Motors, Wagoner, Safety, Management, Nursing, Ariat, Nest

PLEASANTON, Calif., April 4, 2023 /PRNewswire/ -- Neural Propulsion Systems (NPS), a pioneer in hyper-resolution digital imaging radar technology, today announced that Rick Wagoner, the former Chairman and CEO of General Motors, has joined the NPS team as an investor and board observer. In this capacity, Wagoner will provide strategic guidance as the company ushers in the future of advanced driver assistance systems (ADAS) and autonomous driving with its breakthrough NPS AtomicSense™ platform.

Key Points: 
  • PLEASANTON, Calif., April 4, 2023 /PRNewswire/ -- Neural Propulsion Systems (NPS) , a pioneer in hyper-resolution digital imaging radar technology, today announced that Rick Wagoner, the former Chairman and CEO of General Motors, has joined the NPS team as an investor and board observer.
  • "We are thrilled he is joining NPS as an investor and board observer.
  • His counsel is highly valued as we continue to advance the development of our AtomicSense platform in the pursuit of achieving zero roadway deaths."
  • I'm delighted to work with the NPS management team, board and advisors to support the company's future success and growth."