HGH Infrared Systems Acquires Electro Optical Industries

HGH Infrared Systems, a subsidiary of HGH Systemes Infrarouges, announced that it has acquired Santa Barbara, California-based Electro Optical Industries (EOI).  Previously owned by Blue Wolf Capital, EOI is a provider of high-performance infrared, visible, and ultra violet testing and calibration equipment used by clients in industries including aviation and aerospace, laboratories, government, imaging system manufacturers, medical research, and the DoD.  Alderman & Company advised Blue Wolf Capital on the transaction.  Deal terms were not disclosed.