Roboyo Acquires JOLT Advantage Group

MML Capital Partners Invests in Roboyo

September 1, 2020

IT Services

MML Capital Partners has completed a growth investment in Roboyo, a Germany-founded leader in Robotic Process Automation (RPA) and intelligent automation services. The capital will be used to accelerate Roboyo's international expansion and innovation in automation services and its Roboyo Converge platform.

Stanley Capital Partners and MML Invest in Roboyo

October 1, 2023

AI & Machine Learning

Stanley Capital Partners has joined existing investor MML Capital Partners in a growth investment in Roboyo, the market-leading hyper-automation consultancy. The capital will support Roboyo’s international expansion and consolidation strategy as it continues to scale its AI-powered automation services across enterprise clients.

Roboyo Acquires AKOA

June 1, 2021

AI & Machine Learning

Roboyo, backed by private equity firm MML Capital, has acquired AKOA (formerly NEW Innovation Management) to create a larger global intelligent automation professional services firm. The combination expands Roboyo’s geographic presence and technical capabilities, resulting in an enlarged firm with roughly 230 employees across 16 cities in nine countries.

Digi International Acquires Jolt Software

August 20, 2025

Cloud & SaaS

Digi International acquired Jolt Software for approximately $145.5 million in cash and will integrate Jolt into its SmartSense business to advance operational intelligence and compliance automation across foodservice, grocery, convenience and healthcare verticals. Jolt generated over $20 million in ARR and the acquisition is expected to accelerate ARR growth, deliver roughly $11 million of annualized adjusted EBITDA synergies by end of 2026, and be immediately accretive to adjusted EPS.

Roboyo Acquires Lean Consulting and WeMake

September 1, 2022

IT Services

Roboyo has acquired Lean Consulting (UK) and WeMake (Portugal) to strengthen its consulting, training, BPM implementation and cybersecurity capabilities. The add-ons, supported by Roboyo's private equity backer MML Capital, expand Roboyo's geographic footprint and bring the group's headcount to over 500 across multiple countries.

RōBEX (Angeles Equity Partners Portfolio) Acquires Vantage Corporation

November 3, 2022

Industrial Services

RōBEX LLC, an Angeles Equity Partners portfolio company, has acquired Vantage Corporation, a Livonia, Michigan-based industrial robotics manufacturer and systems integrator. The acquisition (terms undisclosed) will expand RōBEX’s manufacturing and systems-integration capacity and support its strategy to grow in key global markets; Vantage CEO Tim White will remain in place during integration.