Exaktera (Union Park Capital) Acquires iiM AG

Exaktera Acquires Advanced Illumination Inc.

August 31, 2022

Manufacturing

Exaktera LLC, a portfolio company of Union Park Capital, has acquired Advanced Illumination Inc., a designer and manufacturer of specialty LED lighting assemblies and drivers for machine vision, industrial imaging and biomedical applications. Terms were not disclosed; Advanced Illumination will continue operating from Rochester, Vermont with John Thrailkill remaining in a leadership role and will be integrated into Exaktera's precision components platform to expand machine-vision illumination capabilities.

Union Park Capital's Exaktera Acquires ProPhotonix Limited

December 16, 2021

Manufacturing

Union Park Capital has acquired ProPhotonix Limited and will integrate the business into its Exaktera group. ProPhotonix, a designer and manufacturer of OEM laser modules and LED illumination solutions serving industrial, medical and scientific markets, will continue to be led by CEO Tim Losik and expand Exaktera's capabilities in optical and lighting components.

Union Park Capital Acquires Majority Stake in Z-LASER GmbH

January 15, 2021

Manufacturing

Boston-based private equity firm Union Park Capital has made a majority investment in Z-LASER GmbH, a Freiburg, Germany–based designer and manufacturer of laser modules and projection systems. Z-LASER will serve as the core asset in Union Park's newly created holding company, Exaktera, to support future growth and expansion while management remains in place.

IMI plc Acquires Bahr Modultechnik from IK Partners

May 31, 2022

Manufacturing

IMI plc has agreed to acquire Bahr Modultechnik, a German manufacturer of modular linear positioning systems, from IK Partners' Small Cap II Fund. The deal brings Bahr’s engineering and niche motion-control products into IMI’s industrial automation portfolio and aims to expand product capabilities and global customer reach.

Lumera Acquires ITM from Inflexion

July 1, 2024

Financial Services

Sweden-based, private equity‑backed insurtech Lumera has acquired ITM, a UK data services and technology specialist for the pensions market, from Inflexion. ITM provides proprietary software and technology‑enabled services including data audit, management, administration and migration and was supported by Inflexion through M&A and international expansion. Lumera says the deal strengthens its UK presence and complements its life & pensions technology and data services portfolio.

IK Investment Partners and Luxempart Acquire Stake in iM Global Partner from Eurazeo

February 18, 2021

Wealth Management

IK Investment Partners and Luxempart have acquired a minority stake in iM Global Partner from Eurazeo (with Dassault/La Maison selling its stake), while Amundi remains a shareholder. The transaction brings new strategic investors to support iM Global Partner’s international growth and external growth ambitions as it targets significant expansion of assets under management.