Announced
Financials
Tags
Private
Pending
Majority
industrial automation
Machinery: Specialty
Domestic
Private Equity
Friendly
Single Bidder
United States
Acquisition
Synopsis
Angeles Equity Partners, a private investment firm, agreed to acquire RōBEX and Mid-State Engineering, two industrial automation integrators. Financial terms were not disclosed. “We are excited to partner with such a talented team. We believe that RōBEX has the ability to become the leading robotic material-handling integrator in the US,” Mike Kay, Angeles Operating Partner.
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