American Industrial Partners Capital Fund IV LP. (AIP) has announced that its newly formed company Brooks Instrument LLC has acquired the Brooks Instrument division of Emerson Electric Co, as of 31st December 2007.

A world-leading supplier of flow measurement and control devices to the low flow application market where its products are used to regulate the flow rates of gases and liquids, Brooks is headquartered in Hatfield, Pennsylvania and operates with manufacturing locations in Hungary, France, the Netherlands and Japan.

John Becker, a partner of AIP and who will serve as chairman of the acquired company, commented, “Brooks Instrument has all the attributes we look for in a portfolio investment: leading market positions, global demand, attractive end-market growth, proprietary technology, an attractive and capital efficient business model, and a strong management team.”

Jim Dale, CEO of Brooks, also said, “Strong end market growth and new demand in emerging markets such as China, Eastern Europe, Latin America, and Asia have driven double digit growth at Brooks in recent years. We look forward to partnering the American Industrial Partners team, and have charted a going forward operating agenda focused on new product development, service and cost leadership, emerging market penetration, and synergetic acquisitions. The Brooks team is very pleased to be part of the ownership group.”

AIP is a private equity investment firm that applies an operational approach to building and improving middle-market companies.