Blackford Capital Acquires Industrial Automation Provider PACIV
June 5, 2023
Blackford Capital has acquired PACIV, a full-service industrial process automation and systems integrator founded in 1997 with offices in San Juan, Puerto Rico; Indianapolis, Indiana; and Cork, Ireland. HCAP Partners participated as a co-investor / financing partner; PACIV's management and founder Jorge Rodriguez will remain involved as shareholders and board members as Blackford positions PACIV as the cornerstone of a new industrial automation platform focused on pharmaceutical, biotech and medical device end markets.
- Buyers
- Blackford Capital, HCAP Partners
- Targets
- PACIV
- Sellers
- Jorge Rodriguez
- Industry
- Industrial Services
- Location
- Puerto Rico
- Transaction Type
- Buyout
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