GrayMatter Acquires FTE Factory Advisors to Expand Lean and AI Capabilities

Tailwind Capital Acquires GrayMatter from Hamilton Robinson

May 2, 2024

Industrial Services

Tailwind Capital has made a majority investment to acquire GrayMatter (GrayMatter Systems), a Pittsburgh-based provider of industrial automation, MES, analytics and OT cybersecurity solutions, from Hamilton Robinson Capital Partners. The investment will support GrayMatter's platform growth — including deeper product and people investment and a buy-and-build M&A strategy led by newly named Executive Chairman Paul Galeski.

GrayMatter Acquires HTSE, Inc.

August 8, 2022

Industrial Services

GrayMatter, a Pittsburgh-based industrial technology company and portfolio company of Hamilton Robinson Capital Partners, has acquired HTSE, Inc., a Portage, Michigan-based provider of process automation and systems-integration services. The add-on expands GrayMatter's Industrial Intelligence platform by adding HTSE's automation engineering capabilities and customer relationships in pharmaceuticals, food & beverage, chemical and manufacturing sectors.

GrayMatter (Hamilton Robinson) Acquires Automation & Control Concepts

July 13, 2023

Engineering Services

GrayMatter, a portfolio company of Hamilton Robinson Capital Partners, has acquired Automation & Control Concepts (ACC), a St. Louis-based systems integrator. The add-on strengthens GrayMatter's industrial intelligence platform by adding ACC's engineering capabilities in industrial controls, MES data collection and HMI/SCADA design and expands its presence in food & beverage and manufacturing end markets.

Federal Advisory Partners (F|A|P) Acquires Favor TechConsulting (FTC)

January 25, 2022

IT Services

Federal Advisory Partners (F|A|P), backed by private equity firm Sagewind Capital, has acquired Favor TechConsulting, LLC (FTC). The deal combines F|A|P's management consulting and advisory capabilities with FTC's federal IT services, cybersecurity, and data analytics expertise to accelerate capability expansion and growth across the federal sector; financial terms were not disclosed.

MiddleGround Capital Acquires Megatech from Alfar Capital

February 8, 2023

Manufacturing

MiddleGround Capital has acquired Megatech, a Quebec City–based precision CNC machining and digital manufacturing company, from Alfar Capital. MiddleGround plans to build Megatech into a larger digital manufacturing platform through organic investment and add-on acquisitions while maintaining the company’s precision machining capabilities; Stifel acted as exclusive financial advisor to Megatech and Fasken served as legal counsel to Alfar Capital.

Graham Partners Acquires E Tech Group

April 11, 2024

Industrial Services

Graham Partners, a private investment firm focused on advanced manufacturing, has acquired E Tech Group, an industrial automation systems integrator headquartered in West Chester, Ohio, from Falfurrias Capital Partners. Graham intends to support E Tech's growth, expand its service capabilities and pursue additional targeted add-on acquisitions across attractive end markets including life sciences, data centers and consumer packaged goods/food & beverage.