GrayMatter to merge with HTSE.

Synopsis

GrayMatter, an industrial company, agreed to merge with HTSE, a process automation & machine control provider. Financial terms were not disclosed. "Industrial companies have an urgent need to fill talent gaps, leverage advanced analytics and protect plants and remote assets from cyber attacks,” Jim Gliiespie, GrayMatter CEO.

Principals

target

HTSE

bidder

GRAYMATTER

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Market Context

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Seller Team (1)

brian mack

President at HTSE

Manager

target

Deal

n/a

Total Value

Bidder Team (2)

jim gillespie

CEO at GRAYMATTER

Manager

bidder

Deal

n/a

Total Value

sean windsor

Partner at BDO

Accountant

bidder

Deals

£ 2.72 B

Total Value

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