Announced
Completed
Financials
Tags
United States
automation technology
Single Bidder
Production Technology Equipment
Private Equity
Completed
Majority
Acquisition
Domestic
Friendly
Private
Synopsis
High Road Capital-backed John Henry Foster, a fluid power and automation systems provider, completed the acquisition of DevLinks, a systems integrator providing full-service automation solutions. Financial terms were not disclosed. “The pandemic impacted production across a host of industry segments and placed a spotlight on the increased need for automation and robotic solutions that enable manufacturers to support their business and supply chain challenges. We are making significant investments to provide our customers with the technology, service, support and relevant product resources that best meet their specific industry, application, and budget. The acquisition of DevLinks supports JHFOSTER’s growth strategy and further enhances the company’s level of expertise and solutions," Nicholas W. Martino, JHFOSTER CEO and President.
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