Announced
Completed
Financials
Tags
Acquisition
Completed
United Kingdom
automation systems
Private Equity
Single Bidder
Private
Majority
Cross Border
Auto Technology
Friendly
Synopsis
Crestview-backed Convergix Automation, an automation solutions company, completed the acquisition of AGR Automation, a provider of custom, high-performance automation design and systems integration primarily to the life sciences industry. Financial terms were not disclosed. "I am honored to have been part of building an innovative and high-quality provider of automated systems, which would not have been possible without the hard work and commitment of our exceptional team members and the loyalty of our customers. The AGR team is excited to join Convergix and to leverage its operational expertise to accelerate AGR's growth and enhance our ability to serve our valued customers," Derek Gaston, AGR Managing Director.
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