Vermont Business Magazine Boston-based Exaktera LLC, a Union Park Capital portfolio company, today announced the acquisition of Rochester, Vermont-based Advanced Illumination Inc. Advanced Illumination Inc is a longtime designer and manufacturer of specialty LED lighting assemblies and drivers for machine vision, industrial imaging and biotechnology. Medical and related imaging applications. Terms of the transaction were not disclosed.
Advanced Illumination’s state-of-the-art LED components, current-mode drivers, and strobe sources, combined with optical and thermal design techniques, enable factory automation and machine vision in a variety of industrial applications.
Founded in 1993, Advanced Illumination partners with industry-leading integrators, distributors and OEMs to solve end-user lighting needs and solve the toughest advanced lighting challenges.
Exaktera CEO Phil Martin said: “Their product portfolio and machine vision expertise in specialty LED solutions greatly complement Exaktera’s existing capabilities. so that we can provide the best possible service to
John Tarakir will continue in a key leadership role as President of Advanced Illumination. “This transaction is a great opportunity for Advanced Illumination and its employees to grow to the next level by leveraging the global resources under Exaktera. I found it,” he added Tharakill. “The synergies between our products, technical resources and global sales significantly increase the value we can deliver to our customers and ensure we continue to solve the most demanding machine vision lighting challenges.”
About Advanced Illumination Co., Ltd.
Advanced Illumination was founded in 1993 and is headquartered in Rochester, Vermont. The company offers its customers complete lighting solutions for their unique lighting requirements. With extensive experience in designing and manufacturing LED solutions, Advanced Illumination has developed unique expertise to solve our customers’ toughest lighting challenges. For more information, please visit www.advancedillumination.com.
About Exaktera LLC
A Union Park Capital portfolio company, Exaktera focuses on the critical components that define an OEM’s accuracy performance. Exaktera’s premium brand is used in a wide range of applications and end markets, enabling the continued increasing demand for machine vision, automation and enabling increased efficiency, productivity and safety. For more information, please visit www.exaktera.com.
About Union Park Capital
Union Park Capital is a private equity firm focused exclusively on low- and mid-sized industrial technology companies. Taking a long-term view, Union Park helps stakeholders build value over time, driving value creation through profitable business growth, not financial engineering. Headquartered in Boston, Massachusetts, Union Park Capital has extensive investments and expertise in industrial technology. For more information, please visit www.union-park.com.
sauce BOSTON, Sept. 6, 2022 /PRNewswire/ — Exaktera LLC