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Private Equity | Industrial Machinery & Components

Leadec has acquired Diversified Automation

Leadec has completed the acquisition of Diversified Automation, Inc.

Headquartered in Stuttgart, Germany, Leadec, a portfolio company of Triton, is a leading engineering, installation, maintenance and support service specialist for industrial facilities across their entire life cycle and their related infrastructure. With 20,000 employees worldwide 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.

Oaklins’ team in Cleveland served as financial advisor to Leadec in its acquisition of Diversified Automation, Inc. 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.

Service
M&A buy-side
Parties
“Engineering and process automation are the spearhead of Leadec’s service offering across the factory life cycle. Diversified Automation perfectly complements our service portfolio with controls and software solutions for the parcel industry, a market segment which is thriving due to the growth of e-commerce.”

Markus Glaser-Gallion

CEO, Leadec Group

Talk to the deal team

 James M. Irwin

James M. Irwin

Managing Director

Cleveland, United States
Oaklins Citizens Capital Markets
Dr. Florian  von Alten

Dr. Florian von Alten

Managing Partner

Hamburg, Germany
Oaklins Germany
 Matthew J. Mueller

Matthew J. Mueller

Managing Director

Cleveland, United States
Oaklins Citizens Capital Markets
 Eric  Nelson

Eric Nelson

Associate Director

Cleveland, United States
Oaklins Citizens Capital Markets
 Daniel  Fearer

Daniel Fearer

Associate

Cleveland, United States
Oaklins Citizens Capital Markets
 Stephen J. Vanckunas

Stephen J. Vanckunas

Analyst

Cleveland, United States
Oaklins Citizens Capital Markets

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