Eberle Design Acquired By Private Equity Group

Phoenix-based Eberle Designs, a developer of electronics for the traffic and rail control industries, has been sold by its private equity owner to another private equity company. According to the company's investors, Brazos Private Equity Partners has acquired Eberle Design from Graham Partners. Financial terms of the acquisition were not disclosed. Eberle's products are used to control traffic signals at intersections. The company was founde din 1980.