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New Deal


Announced

MHS to acquire eMotion Controls.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

software

Pending

Majority

Software

Private

United States

Friendly

controls system integration

Synopsis

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Material Handling Systems, a full-service provider of material handling systems, agreed to acquire eMotion Controls, a controls system integration and software company based in Grand Rapids, Michigan. Financial terms were not disclosed. "It's no secret that e-commerce is booming and hasn't even begun to approach its peak. Increasingly, logistics providers and retailers with major shipping operations are looking for end-to-end solutions that not only set them up for success but support their business on an ongoing basis - which is exactly what Lifecycle Performance Services does. eMotion Controls is an outstanding addition to our LPS division, made up of a wonderful bunch of people who we look forward to working well with into the future," Scott McReynolds, MHS Chief Executive Officer.

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