New York City-based private equity firm ASGARD Partners & Co. has acquired a controlling interest in Angstrom Technology, a Grand Rapids company that designs, builds and maintains modular cleanrooms for clients in North America.

M&A firm Charter Capital Partners in Grand Rapids represented Angstrom Technology in the transaction. Dickinson Wright PLLC served as legal advisor to Angstrom while McGuireWoods LLP in Richmond, Va., was legal advisor to ASGARD Partners.

“We are excited to partner with Angstrom's management team, which has an outstanding track record of delivering high quality cleanroom solutions to its customers,” said Karan Rai, managing partner at ASGARD Partners. “The company’s reputation for quality and customer service is a testament to its culture of excellence.” Read More