Industrial Growth Partners, a private investment firm, completed the acquisition of AEM, a designer and producer of protection components. Financial terms were not disclosed. “We are excited to partner with IGP and leverage the firm’s deep experience and resources in the manufacturing sector and global reach to help drive our next phase of growth. With over two decades of experience in helping family-owned businesses like AEM successfully transition to private-equity backed companies, we are confident that IGP is the ideal equity partner for us," Daniel Chang, AEM Founder and CEO.