Angeles Equity Partners LLC, a middle-market private equity investment firm focused on the industrial sector, has acquired Acieta LLC, a Waukesha, Wis.-based robotics manufacturer and integrator, from Mitsui & Co. Inc. The terms of the transaction weren’t disclosed.
Acieta says it has installed more than 5,500 robots since it was founded in 1983.
“Our team is eager to help build what we believe is the country’s most technically capable and experienced automation systems integrator,” says Acieta CEO Robby Komljenovic. “This 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.”
This is Angeles’s fourth acquisition in the robotics integration sector, following its purchase of RoBEX LLC, Mid-State Engineering LLC and Vantage Corp. in 2022.
Angeles describes the latest deal as a “key step” in the company’s strategy to build a scaled robotics integration platform with an expanded manufacturing footprint within domestic markets. Acieta’s combined 67,000 sq-ft (6,224-sq-m) manufacturing capacity located in Council Bluffs, Iowa, and Waukesha will continue to operate.
“We are excited about the combination of these two great companies and believe in the ongoing growth trajectory of this industry,” says Sam Heischuber, managing director at Angeles Equity Partners. “As 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.”
Connect With Us
