Holley Acquires AEM Performance Electronics

AEM (IGP Portfolio Company) Acquires Renaissance Electronics & Communications

February 3, 2022

Aerospace & Defense

AEM, a San Diego–based designer and manufacturer of mission-critical electronic circuit protection components and a portfolio company of Industrial Growth Partners (IGP), acquired Renaissance Electronics & Communications (and its subsidiary HXI) on February 3, 2022. The deal expands AEM’s high-reliability component offering to include RF and millimeter-wave products, strengthening its position with space and defense customers and enabling cross-selling and geographic expansion.

AEM Acquires Central Semiconductor Corp.

February 21, 2023

Manufacturing

AEM, a San Diego-based electronics platform and portfolio company of Industrial Growth Partners (IGP), has acquired Central Semiconductor Corp., a designer and manufacturer of discrete semiconductor solutions based in Hauppauge, New York. The deal expands AEM's product offering in discrete power conditioning components and is being executed as an add-on to AEM's existing platform to broaden capabilities and serve combined customers across industrial, medical, aerospace and commercial end markets.

Industrial Growth Partners Acquires AEM

September 13, 2021

Manufacturing

Industrial Growth Partners (IGP), in partnership with management and certain outside investors, acquired AEM (Holdings) Inc., AEM Group Limited and subsidiaries, creating a new platform investment to accelerate the company's growth. Founders Daniel and Cai Li Chang sold the company but retain a significant minority equity stake; Daniel Chang was named Chairman and Rick Busch was appointed CEO.

AEM Acquires Van Essen Instruments

September 8, 2025

Environmental Services

AEM has acquired Van Essen Instruments, a Netherlands-based maker of groundwater and surface water monitoring dataloggers and sensors, integrating Van Essen's hardware and data tools into the AEM Elements environmental resiliency platform. The deal expands AEM's precision water-monitoring capabilities and combines Van Essen's global distributor network with AEM's cloud telemetry and analytics to deliver end-to-end environmental monitoring solutions.

AutoManager Acquires Selly Automotive

June 21, 2022

Software

Beekman Group-backed AutoManager has completed a merger between its subsidiary AutoManager Acquisition, Inc. and A1 Software, Inc. (dba Selly Automotive), with AutoManager providing a growth investment to support Selly's staff expansion and product development. The deal integrates Selly's CRM into the AutoManager dealership software platform to expand capabilities and accelerate growth for independent auto dealerships in the U.S. and Canada.

Holley Acquires Arizona Desert Shocks, Baer Brakes, Brothers Trucks and Rocket Racing Wheels

January 10, 2022

Automotive

Holley Inc. (NYSE: HLLY) announced it acquired substantially all of the assets of Arizona Desert Shocks, Baer Brakes, Brothers Trucks, and Rocket Racing Wheels in Q4 2021 for approximately $56 million. The purchases expand Holley’s performance aftermarket product portfolio across suspension, braking, truck appearance and wheel categories to broaden capabilities and address new enthusiast end-markets.