{"id":577579,"date":"2024-01-23T21:12:44","date_gmt":"2024-01-24T02:12:44","guid":{"rendered":"https:\/\/www.therobotreport.com\/?p=577579"},"modified":"2024-01-23T21:17:37","modified_gmt":"2024-01-24T02:17:37","slug":"private-equity-firm-acquires-robotics-integrator-acieta","status":"publish","type":"post","link":"https:\/\/www.therobotreport.com\/private-equity-firm-acquires-robotics-integrator-acieta\/","title":{"rendered":"Private equity firm acquires robotics integrator Acieta"},"content":{"rendered":"

\"robotics<\/p>\n

An affiliate of private investment firm Angeles Equity Partners<\/a> has acquired Acieta<\/a>, a Midwest industrial robotics manufacturer and integrator, from Mitsui & Co. (U.S.A.). Financial details of the deal were not disclosed.<\/p>\n

This marks Angeles’ fourth acquisition in the robotics integration sector; it previously acquired R\u014dBEX, Mid-State Engineering, and +Vantage. Angeles said the acquisition of Acieta expands the business\u2019 equipment tending, welding, and palletizing capabilities across a broader set of end markets including agriculture, foundry and die, welding and fabrication, and construction and building products.<\/p>\n

Waukesha, Wisc.-based Acieta is a full-service automation solutions provider with systems, controls, and software engineering capabilities developed since its inception in 1983. Acieta said it has installed more than 5,500 robots since it was founded. It is a FANUC Authorized System Integrator employing FANUC Robotics Certified Service Engineers and FANUC Robotics Master Certified Service Engineers.<\/p>\n

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\"SITELearn from Agility Robotics, Amazon, Disney, Teradyne and many more.<\/a><\/p>\r\n\r\n\r\n

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\u201cOur team is eager to help build what we believe is the country\u2019s most technically capable and experienced automation systems integrator,\u201d said Acieta CEO Robby Komljenovic. \u201cThis combination is designed to provide our customers an expanded reach, additional resources, and what we view as unmatched industry experience to advise on optimizing all processes to maximize returns on their robotic equipment investments.”<\/p>\n

This transaction represents another key step in Angeles\u2019 strategy to build a scaled robotics integration platform with an expanded manufacturing footprint within critical domestic markets and a broader focus on providing a robust array of robotic applications to a more diverse group of customers. Acieta\u2019s combined 67,000 square-foot manufacturing capacity, located in Council Bluffs, Iowa and Waukesha, Wisc. will continue to operate. Combined with the business\u2019 existing 140,000-square-foot manufacturing operations, the integrated company offers customers significant capacity, products, and services.<\/p>\n

\u201cWe are excited about the combination of these two great companies and believe in the ongoing growth trajectory of this industry,\u201d said Sam Heischuber, managing director at Angeles Equity Partners. \u201cAs the manufacturing and logistics sectors continue to face labor shortages, higher wages, intensifying global competition, and increased manufacturing complexity, the need for a sophisticated, robotics automation systems integrator with a national presence should only increase.\u201d<\/p>\n

For more information about acquisitions and investments, head over to The Robot Report<\/em>‘s financial section<\/a>.<\/p>\n