Duravant Acquires Matthews' Warehouse Automation Business

Carlyle Invests in Duravant; Warburg Pincus Remains Partner

October 29, 2021

Manufacturing

Duravant LLC, a global engineered equipment and automation solutions provider for food processing, packaging and material handling, announced a strategic investment led by funds from Carlyle with Warburg Pincus remaining a partner. The capital will support Duravant’s platform growth — including new product development, geographic expansion and continued add-on acquisitions — and terms were not disclosed.

Duravant Acquires T-TEK Material Handling

August 26, 2024

Manufacturing

Duravant LLC has acquired T-TEK Material Handling LLC, a Montgomery, Alabama-based manufacturer of high-speed end-of-line packaging machinery. The acquisition expands Duravant's packaging solutions portfolio—adding palletizers, depalletizers, conveyors and turnkey end-of-line systems to better serve food, beverage and consumer packaged goods customers.

Duravant Acquires PPM Technologies from Stonehenge Partners

July 24, 2023

Manufacturing

Duravant LLC, a global engineered equipment and automation solutions provider, has acquired PPM Technologies from Stonehenge Partners. The acquisition adds PPM’s conveying, coating, and thermal food-processing equipment to Duravant’s portfolio — complementing Key Technology and enhancing Duravant’s ability to offer turnkey, integrated processing lines and expanded aftermarket services.

McMurray Stern Acquires Assets of Invata Intralogistics, Forms MSI Automate

December 1, 2023

Logistics & Distribution

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.

Leadec Acquires Diversified Automation

December 31, 2020

Industrial Services

Leadec, a Triton Fund IV portfolio company, acquired Diversified Automation effective December 31, 2020 to expand its parcel automation capabilities and strengthen its North American operations. Diversified Automation, headquartered in Louisville, Kentucky, is an industrial automation systems integrator with ~140 experts and roughly $100 million in annual revenue that serves major parcel and e-commerce customers such as UPS, FedEx and Amazon.

TJM Capital Partners Acquires Midwest Automation LLC

November 22, 2021

Manufacturing

TJM Capital Partners, a Chicago-based private equity firm, has acquired Midwest Automation LLC, a family-owned U.S. manufacturer of industrial machinery for metal deburring, edge rounding and surface finishing. Kenny Holley, the past president and owner, exited the business and Micah Coleman (CEO of Timesavers LLC and Dubois Equipment Co.) will serve as incoming CEO as TJM looks to expand Midwest Automation's capabilities and grow the business.