Go to deals
Industrial Machinery & Components | Private Equity

Leadec has acquired Diversified Automation

Leadec has completed the acquisition of Diversified Automation, Inc.

Leadec, a portfolio company of Triton and headquartered in Stuttgart, Germany, is a leading engineering, installation, maintenance and support service specialist for industrial facilities across their entire life cycle and related infrastructure. Operating in four continents with 20,000 employees and almost 60 years of experience, Leadec operates at more than 300 facility sites and generated approximately €900 million in sales in 2019.

Founded in 2002, Diversified Automation is a leading automation controls and software solution provider to the express parcel industry. It serves global express parcel and e-commerce companies, prime contractors and integrators with end customers that include Amazon, FedEx Ground and UPS. Headquartered in Louisville, Kentucky, and with annual sales of approximately US$100 million, Diversified Automation has more than 140 engineers and project managers operating from seven locations across the USA.

The Oaklins team in Germany initiated and established the contact between Leadec and the team in Cleveland, who gave Leadec the idea to enter the parcel sortation and automation market through the acquisition of Diversified Automation.

Parties

Talk to the deal team

Dr. Florian von Alten

Managing Partner
Hamburg, Germany
Oaklins Germany

Related deals

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
Private Equity | Construction & Engineering Services | Energy | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

Learn more
East Metal has been acquired by management and private investors
Industrial Machinery & Components

East Metal has been acquired by management and private investors

The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.

Learn more
Quantum Base Holdings plc has completed its official admission to AIM
Industrial Machinery & Components

Quantum Base Holdings plc has completed its official admission to AIM

Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.

Learn more