KKR completed the acquisition of Industrial Physics, a manufacturer of testing and measurement instruments, from Union Park Capital, a private equity investment firm. Financial terms were not disclosed. “I am honored to join Industrial Physics and work alongside Lance and the rest of the talented team at Industrial Physics. Industrial Physics has created an impressive global portfolio of leading brands and I am excited to build upon this foundation to better serve our customers and drive future growth, both organically and through acquisitions. I am enthused to work with KKR as a strategic partner and to lead the roll out of a broad-based equity plan in which all Industrial Physics colleagues will become owners of the business,” Barry Lyon, Industrial Physics CEO.