Andover Townsman, Andover, MA

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June 5, 2014

Business Briefcase

(Continued)

Andover man top financial adviser

John Murphy, a Raymond James financial adviser located at Addison Avenue Investment Services, has been named one of REP magazine and WealthManagement.com’s Top Next Gen Advisers Under 40.

Addison Avenue Investment Services is the investment services program of First Tech Federal Credit Union, the nation’s leading credit union serving employees and family members of America’s technology sector.

“We are honored to count John Murphy as one of the top advisers under 40,” Scott Curtis, president of Raymond James Financial Services, said in a release. “The fact that John was among 21 Raymond James advisers on this list of 70 high performers from across the country reflects their client-first focus, professionalism (and) expertise.”

MKS pays $87M for industrial co.

MKS Instruments, Inc. of Andover has announced it has completed its acquisition of the assets of Granville-Phillips, formerly a division of Brooks Automation, Inc., for $87 million in cash.

Granville-Phillips is a leading global provider of vacuum measurement and control instruments to the semiconductor, thin film and general industrial markets, with sales of approximately $30 million in 2013.

This acquisition further strengthens MKS’ position in the vacuum gauge market, company officials say. MKS is the market leader in direct pressure measurement and Granville-Phillips is a well-regarded leader in indirect vacuum gauges. The Granville-Phillips business will be operated as the Granville-Phillips division of MKS and will be integrated into MKS’ pressure measurement business.

Jerry Colella, MKS’ CEO and president, said in a release, “We are pleased to be able to offer our customers and existing Granville-Phillips customers an extended portfolio of quality products supported by our global sales and service infrastructure. We are also excited to welcome Granville-Phillips employees to MKS and look forward to their contribution to business synergies as we integrate Granville-Phillips into MKS.”

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