Announced
Completed
Financials
Tags
engineering services
Acquisition
Majority
United States
automation equipment
Electronic Components and Equipment
Domestic
Private
Private Equity
Completed
Friendly
Single Bidder
Venture Capital
Synopsis
HC Private Investments, an investment firm providing individuals and family offices an alternative to the traditional private equity model, completed the investment in QEI, a SCADA and automation equipment supplier. Financial terms were not disclosed. “QEI allows for everyday management of business systems that have become more demanding and complex with the ever-increasing volume of data to interpret and integrate. Under Normand’s leadership and with additional strategic investments, QEI is well positioned to continue to support its customer-required investments in aging transit infrastructure and smart grid modernization,” Erik VanLaningham, HCPI Executive Advisor.
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