McMurray Stern Acquires Assets of Invata Intralogistics, Forms MSI Automate

December 1, 2023

McMurray Stern Inc. acquired the assets of Invata Intralogistics and launched MSI Automate, a new warehouse automation, robotics, and logistics division. The asset sale (completed December 2023 via Article 9 UCC) brings Invata's goods-to-person systems and AI-powered intralogistics software into McMurray Stern's specialty storage and workspace business to expand its automation capabilities and serve large enterprise clients.

Buyers
McMurray Stern Inc.
Targets
Invata Intralogistics
Sellers
Invata Intralogistics
Location
Pennsylvania, United States
Transaction Type
Buyout

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