Announced
Completed
Synopsis
3 Rivers Capital, a private equity firm, completed the acquisition of Magnum Systems, a machine industry company, from Blue Sage Capital, a private equity firm. Financial terms were not disclosed. "Being acquired by 3 Rivers Capital is an exciting milestone for us. As a leading systems integrator and manufacturer, we always look for ways to expand our product offering. This acquisition gives us the resources to do just that. Beyond expanding our product line, our engineering and project management resources will multiply. Ultimately, this is an opportunity to better position Magnum Systems as the best resource for our clients' systems integration projects," Don Day, Magnum Systems President and CEO.
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