Black Bay Energy Capital acquires majority stake in Advanced Industrial Devices

Black Bay Energy Capital acquired a majority interest in Advanced Industrial Devices, a provider of electric motor automation and control solutions, from Rock Island Capital. AID will remain headquartered in Tulsa, Oklahoma.

“Black Bay Energy Capital has acquired a majority interest in Advanced Industrial Devices from Rock Island Capital.”privateequitywire.co.uk

• 1 source
• privateequitywire.co.ukBlack Bay Energy Capital acquires Advanced Industrial Devices from Rock Island Capital - Private Equity WireMay 18, 2022

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