Branford Castle Sells Vitrek LLC to Industrial Physics: A Successful Transaction
Branford Castle Sells Vitrek LLC to Industrial Physics
On August 27, 2026, Branford Castle Partners completed a landmark transaction by selling Vitrek LLC to Industrial Physics, a prominent player in the global packaging, material, and coating testing and measurement industry. This sale marks an important chapter in the careers of all parties involved, especially for Vitrek, a firm known for its cutting-edge electronic test and measurement solutions.
Vitrek, headquartered in Lockport, Illinois, has distinguished itself within the industry through its advanced capabilities, particularly in electrical safety testing and precision measurement systems for both military and commercial sectors. By integrating three add-on acquisitions and enhancing its sales and marketing efforts, Vitrek has significantly evolved over its years of partnership with Branford Castle, which made this exit especially noteworthy.
David Castle, Managing Partner of Branford Castle Partners, reflected on the strong collaboration between the firms. He praised the management team, particularly Don Millstein and Todd Stukenberg, stating, “They have built one of the premier companies in electrical safety and precision test and measurement, broadening into new end markets along the way.” With this sale, Branford Castle marks its fifth exit while managing Fund I, which first invested in Vitrek.
The Veteran leadership from both companies is noted for its role in making Vitrek a recognized name in the test and measurement domain. Millstein, CEO of Vitrek, acknowledged their partnership with Branford, mentioning, “We leave this partnership a larger, more capable organization,” highlighting the strides the company has made under their aegis. President Todd Stukenberg expressed excitement for the future, stating, “We are now excited for Vitrek’s next chapter with Industrial Physics.”
To facilitate this transaction, Branford Castle engaged with a range of service providers, including Stifel for investment banking, Akerman LLP for legal counsel, and RSM for accounting and finance. This collaborative effort showcases the thorough approach taken by Branford Castle in ensuring a smooth transition.
Industrial Physics, the new owner of Vitrek, is well-positioned to leverage Vitrek’s technological advancements and market presence across the aerospace, defense, semiconductor, and medical device sectors, among others. As Industry leaders continue to evolve, partnerships like the one between Industrial Physics and Vitrek stand as a testament to the value of strategic acquisitions in enhancing organizational capabilities and market reach.
Branford Castle, with over three decades of experience, concentrates on lower middle-market investments targeting companies with up to $15 million EBITDA. Their philosophy hinges on nurturing strong relationships with portfolio company managers and growing businesses in niche markets such as specialty manufacturing and logistics. Vitrek’s impressive history alongside Branford Castle can be traced back to this investor culture that prioritizes partnership and growth.
Looking ahead, both Branford Castle and the Vitrek teams express optimism about their respective futures. For Branford Castle, the successful sale of Vitrek exemplifies its commitment to identifying and enhancing promising companies, while for the newly formed alliance at Industrial Physics, it signifies a pivotal moment to expand their capabilities within the test and measurement landscape. As these companies forge ahead, industry observers will undoubtedly be watching closely to see how this transition unfolds and the impact it will have on their respective markets.
About Branford Castle Partners
Branford Castle is a private investment firm focused on the lower middle market in North America. The firm is recognized for its expertise in assisting businesses in scaling and realizing their potential, with a specific focus on niche sectors like industrial and consumer products.
About Vitrek
Vitrek develops cutting-edge test and measurement solutions crucial for enhancing product quality and regulatory compliance in various industrial fields.
About Industrial Physics
Industrial Physics is a global leader in testing, measuring, and providing solutions across diverse industries, ensuring product and brand integrity with state-of-the-art technology and systems.