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2024-01-24

Private equity firm acquires robotics integrator Acieta

Angeles Equity Partners has closed its latest robotics deal, acquiring Midwest automation leader Acieta to significantly expand its national systems integration footprint. The move further bolsters Angeles' portfolio of scaled robotics enablers serving diverse manufacturing, logistics and agriculture customers.

Privately held Angeles called it a fourth strategic robotics purchase in addition to RōBEX, Mid-State Engineering, and +Vantage under banners focused on automation consulting, deployment and maintenance. Officials said Acieta's extensive capabilities complement in equipment tending, welding, palletizing and other areas.

Founded in 1983, Acieta's comprehensive suite spans engineering custom systems and controls to advanced software development. With over 5,500 robot installations to date, the Waukesha, Wisc. company holds deep domain expertise across food processing to metals fabrication.

Crucially, 67,000 sq ft of Acieta manufacturing space in Wisconsin and Iowa will remain operational joining 140,000 existing Angeles sq footage. This expansion promises increased capacity and new geographies benefitting joint customers noted executives.

"We're eager to help Angeles build the country's most technically proficient and seasoned robotics integrator," said Acieta CEO Robby Komljenovic. "Combining resources gives customers unmatched experience optimizing returns on automation spending."

The deal comes as industries from production to warehousing struggle with worsening labor and cost headwinds. Angeles Managing Director Sam Heischuber said the acute need for sophisticated automation assistance makes the climate ideal for scaled players.

"With challenges securing skilled workers globally, the value proposition of flexible robotics integration has never been better," Heischuber asserted. "We believe in the sector's durable growth trajectory."

Neither party disclosed financial particulars of the acquisition. But Komljenovic stated Acieta's priorities remain assisting customers to maximize productivity and quality through tailored automation solutions.

Angeles Equity Partners now represents one of the larger national robotics consultancies and system builders according to industry analysts. It says further deals may materialize as small providers seek resources serving automation appetites for mitigating rising business expenses.

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