Saw Mill Capital Acquires RND Automation

Saw Mill Capital's Complete Automation Solutions Acquires PanelTEK

February 12, 2022

Industrial Services

Saw Mill Capital consolidated its automation investments (iAutomation and RND Automation) into a rebranded platform, Complete Automation Solutions (CAS), and simultaneously acquired PanelTEK Automation. The acquisition expands CAS’s panel-building, contract manufacturing and engineering capabilities to support OEM and end-user customers across the eastern United States.

The Krones Group Acquires R+D Automation

December 18, 2023

Manufacturing

The Krones Group acquired R+D Automation (formerly R+D Custom Automation) in 2022, bringing the Wisconsin-based specialist in life‑sciences automation into Krones’ global portfolio. R+D is rebranded as R+D Automation and is leveraging Krones’ international footprint and resources to expand installations, service and sales in the medical, pharmaceutical and biotech markets.

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.

Saw Mill Capital Acquires Majority Stake in Rasa Floors

January 20, 2022

Industrial Services

Saw Mill Capital has entered into a partnership with Rasa Floors, a Carrollton, Texas-based flooring installation provider focused on the multi-family market. The transaction, consummated December 22, 2021, makes Rasa a Saw Mill portfolio company and is intended to support Rasa's growth, including organic expansion and add-on acquisitions.

Peak Technologies Acquires Automation Intelligence

May 12, 2025

Industrial Services

Peak Technologies, a portfolio company of Sole Source Capital, has acquired Automation Intelligence, a Flint, Michigan-based robotics systems integrator. The add-on strengthens Peak's Smart Technologies offering by adding advanced robotics and machine vision capabilities to its digital supply chain and AIDC solutions; terms were not disclosed.

Gener8 Acquires The RND Group

December 9, 2021

Medical Devices

Gener8 LLC, a portfolio company of Sverica Capital Management, has completed the acquisition of The RND Group, an Indianapolis-based provider of software development for medical device and life sciences products. The acquisition adds full-lifecycle regulated software capabilities — including cloud solutions, verification & validation, quality system compliance, and LIS/EHR integration — to Gener8's existing instrument, consumable and firmware offerings to extend services off-instrument and accelerate customer development timelines.