# 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.

- Type: Acquisition
- Announced: 2022-05-18
- Where: Tulsa, Oklahoma, United States
- Status: completed
- Products: electric motor automation and control solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Black Bay Energy Capital](https://endata.com/companies/62932.md) (acquirer)
- [Advanced Industrial Devices](https://endata.com/companies/62933.md) (target)
- [Rock Island Capital](https://endata.com/companies/62934.md) (partner)

## Sources

- [privateequitywire.co.uk](https://www.privateequitywire.co.uk/black-bay-energy-capital-acquires-advanced-industrial-devices-rock-island-capital/), 2022-05-18: "Black Bay Energy Capital has acquired a majority interest in Advanced Industrial Devices from Rock Island Capital."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.