Rixan Automation (Hunkar Technologies) Acquires Carlin Automation
July 12, 2023
Rixan Automation, a subsidiary of Hunkar Technologies, has acquired Carlin Automation, Inc., a Rock Island, Illinois-based distributor and service provider for industrial temperature control and calibration. The transaction closed July 12, 2023; Carlin’s leadership (Pat and Tim Carlin) will remain with the business and clients are expected to gain expanded automation, system integration, and repair capabilities. Generational Equity advised on the sale.
- Buyers
- Rixan Automation, LLC, Hunkar Technologies, Inc.
- Targets
- Carlin Automation, Inc.
- Sellers
- Pat Carlin (President), Tim Carlin (Vice President), Carlin Automation shareholders
- Industry
- Industrial Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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