Albuquerque, New Mexico

Investment Date:
May 2003

Exit Date:
June 2011

CVI Melles Griot

Founded in 1972, CVI Melles Griot is a global leader in the design and manufacture of products that enable the practical application of light. CVI offers a full spectrum of design and manufacturing expertise and maintains an industry unique ‘build your own’ catalog that allows customers the flexibility to customize optical components to their specific application.

Over the course of its investment, NEP helped CVI Melles Griot build and establish a strong management team, leverage its brand heritage in optical components, and aggressively expand its product offerings to transition into a diversified photonics supplier. Manufacturing operations were established in eight countries on three continents, shareholder value was increased through new product and market development, four add-on acquisitions, operating initiatives, and a growth strategy focused on technology-driven capabilities.

NEP sold CVI Melles Griot to IDEX Corporation (NYSE:IEX) for $400 MM in June 2011.

Add-on Acquisition Activity

Melles Griot (2007)
Coherent Imaging Optics (2007)
Quality Laser Optics (2006)
Optical Components (2005)