Bain Capital Double Impact-backed Meteor Education acquires AET Labs

Meteor Education, backed by Bain Capital Double Impact, has acquired AET Labs, a Massachusetts-based provider of technical training equipment and lab solutions. Financial terms were not disclosed.

AET Labs, founded in 2005, serves K-12 schools, vocational-technical schools, community colleges and universities across New England, with expertise in engineering, industrial automation, advanced manufacturing and automotive technology. The deal strengthens Meteor's Career and Technical Education offerings, which were expanded by its 2024 acquisition of Advanced Technology Consultants.

Founder David Kempskie will remain with AET Labs and lead Meteor's CTE work in New England. Meteor Executive Chair Mitch Lewis said the acquisition advances the goal of building a leading national CTE platform.