Benchmark International's US-based client, an automation and throughput optimization software company, completed a transaction with a larger industry leader.
The company's products are built on a proprietary control engine, which integrates robots and robotic devices into manufacturing, warehousing, or factory environments. It has a global presence and operations in key semiconductor markets.
The acquiring company is headquartered in Germany and has 11 additional offices worldwide. It is an IT company focused on delivering solutions to high-tech production facilities around the world. The acquirer is a subsidiary of a publicly traded telecommunications and digital services company with over 2B EUR in revenue. The parent company employs over 5,700 professionals in over 20 countries.
The exact value of the transaction was not disclosed but it was an eight-digit figure.
"Benchmark International congratulates its client on the transaction and wishes both parties the best of luck with integration. The two firms are a strong cultural fit that will continue to change automation within production environments." - Managing Partner Kendall Stafford, Benchmark International
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL:
Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook’s Global League Tables.
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