Alstef Group Acquires Solution Net Systems from Architect Equity
April 3, 2023
Alstef Group has acquired Solution Net Systems (SNS), a Quakertown, Pennsylvania-based supplier of industrial automation and material handling solutions, from Architect Equity. Architect Equity had acquired SNS as a carve-out from Datalogic in 2020; terms were not disclosed and Alstef says the acquisition will support international expansion and new product verticals.
- Buyers
- Alstef Group
- Targets
- Solution Net Systems
- Sellers
- Architect Equity, Datalogic (previous owner mentioned)
- Industry
- Industrial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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