Angeles Equity Partners Acquires RōBEX and Mid-State Engineering
March 1, 2022
Angeles Equity Partners has acquired RōBEX LLC as a platform investment and simultaneously purchased Mid-State Engineering LLC as the platform's first bolt-on to create an industrial automation integration platform focused on material-handling robotics. RōBEX, based in Perrysburg/Maumee, Ohio, will serve as the consolidation platform while Mid-State (Tipton, Indiana) brings complementary mechanical, electrical and fabrication capabilities to expand the combined offering across logistics, FMCG and manufacturing end markets.
- Buyers
- Angeles Equity Partners, LLC
- Targets
- RōBEX LLC, Mid-State Engineering LLC
- Platforms
- RōBEX LLC
- Industry
- Industrial Services
- Location
- Ohio, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
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.
-
Angeles Equity Partners Acquires Acieta From Mitsui
January 23, 2024
Industrial Services
An affiliate of Angeles Equity Partners has acquired Acieta LLC, a Midwest-based industrial robotics manufacturer and integrator, from Mitsui & Co. (U.S.A.), Inc. The deal expands Angeles' robotics integration platform (which includes RōBEX, Mid-State Engineering, and +Vantage), adding Acieta's manufacturing capacity, equipment-tending, welding, and palletizing capabilities to serve end markets such as agriculture, welding/fabrication, and construction; terms were not disclosed.
-
MPE Partners Invests in Mid-States Bolt & Screw Co.
October 19, 2023
Industrial Services
MPE Partners (Morgenthaler Private Equity) announced an investment in Mid-States Bolt & Screw Co., a value-added distributor of fasteners and MRO products. The transaction partners MPE with the Somers family to support Mid-States' next phase of growth, including improved product availability and organic and inorganic geographic expansion.
-
Sole Source Capital Acquires Peak Technologies (Peak-Ryzex) and Optical Phusion (OPI)
April 9, 2021
Industrial Services
Sole Source Capital LLC acquired Peak Technologies (formerly Peak-Ryzex) from Keystone Capital and Optical Phusion Inc. from its founders, then merged the two AIDC and factory automation providers under Peak's leadership. The combined business aims to create a larger AIDC/automation platform, capture technological and operational synergies, and expand cross-selling opportunities across retail, grocery, healthcare and industrial end markets.
-
Motion Solutions Acquires Ibex Engineering
August 3, 2022
Manufacturing
Motion Solutions, a provider of custom engineered motion and automation products, has acquired Ibex Engineering, a Newbury Park, California manufacturer of precision linear and rotary positioning systems. The deal expands Motion Solutions’ engineered solutions capabilities and extends its service offering into high-precision markets such as genomics, biomedical, pharmaceutical, microscopy, and semiconductor manufacturing.
-
Acieta (Angeles Equity Partners Portfolio) Acquires Capital Industries
July 30, 2024
Industrial Services
Acieta, a robotics integration platform backed by Angeles Equity Partners, has acquired Capital Industries (Banks Machine & Engineering Inc. dba Capital Industries), a Shelbyville, Indiana-based custom robotics system integrator. The add-on expands Acieta's capabilities in material handling, assembly, test and control systems and broadens its end-market coverage across medical/pharmaceutical, aerospace & defense, and energy storage sectors.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.