January 4, 2008

Leviton Manufacturing Company Inc., Little Neck, NY, producer of electrical and electronic wiring devices, has agreed to acquire ControlThink LC, a home and building control software and services company.
 
Operating as a separate, wholly-owned subsidiary, ControlThink will continue to serve its existing OEM partners and customers, while aligning with Leviton to expand the market for intelligent home control solutions, products and services.
 
Leviton manufactures over 25,000 different products for use in homes in the U.S. and Canada, and in commercial facilities, industrial plants and OEM …

Emerson, St. Louis, MO, sold its Brooks Instrument unit to American Industrial Partners Capital Fund IV, L.P. for $100 million in cash. 
 
AIP is a private equity investment firm focused on middle-market companies.
 
Brooks, headquartered in Hatfield, PA, provides flow measurement and control devices to the low flow application market, and principally serves the chemical and semiconductor industries.  Its sales in fiscal 2007 were $90 million.
 
The sale of Brooks is representative of Emerson’s ongoing strategy to manage its business mix toward high-growth, high-return businesses that are strategic to its entire portfolio. Over the past 18 months, Emerson sold several small businesses which included its Western Forge hand tool unit and …