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Kohlberg Acquires Advanced Industrial Devices to Accelerate Growth Across Data Center, Water and Power Infrastructure Markets

MOUNT KISCO, N.Y. — Kohlberg, a leading U.S. middle-market private equity firm, today announced that it has acquired a majority interest in Advanced Industrial Devices ("AID" or the "Company"), a provider of highly engineered automation and control solutions to mission-critical infrastructure, from Black Bay Partners (“Black Bay”). AID's existing management team, led by Chief Executive…

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