KKR, a global investment firm, announced the completion of the previously announced acquisition of Industrial Physics, a leading provider of test and measurement instrumentation, by investment funds managed by KKR on July 19, 2023. In conjunction with transaction close, Barry Lyon has been appointed Chief Executive Officer (CEO), and Lance Reisman has assumed the role of Chairman…
Tag: Industrial Physics
KKR to acquire leading testing and measurement instrument provider Industrial Physics from Union Park Capital
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•KKR, a global investment firm, announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics, a leading manufacturer of testing and measurement instruments, from Union Park Capital (UPC). KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not…