Founded in 1983, AID has evolved over its nearly 40 years in business from primarily an electric motor distributor to a leading provider of electric motor automation and control solutions across the United States. AID designs and sells custom variable frequency drive control systems that are utilized across a diverse set of applications within the oil and gas and industrial sectors. For more information, please visit www.aidusa.com.

https://aidusa.com/

Advanced Industrial Devices

Black Bay is a private equity firm focused on the North American energy sector. Black Bay invests equity capital alongside talented entrepreneurs that provide a differentiated product or service to their clients to help reduce costs, improve operations, and achieve ESG initiatives. The firm’s investment strategy and success stem from the more than 75 years its investment professionals have been working day-to-day with great teams and building high-growth companies. www.blackbayenergy.com

https://www.blackbayenergy.com/

Black Bay Energy Capital

Black Bay Energy Capital (“Black Bay”), a private equity firm focused on the North American energy sector, announced that it has acquired a majority interest in Advanced Industrial Devices (“AID” or the “Company”) from Rock Island Capital (“Rock Island”). AID is a leading provider of electric motor automation and control solutions for oil and gas and industrial applications.

Black Bay Energy Capital Announces Acquisition Of Advanced Industrial Devices From Rock Island Capital

Black Bay Energy Capital Announces Acquisition Of Advanced Industrial Devices From Rock Island Capital

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