Hollysys - Ownership and Business Overview

Information TechnologyCompany

Hollysys Ownership

Who owns Hollysys?

Hollysys is owned by Ascendent Capital Partners. It was acquired on December 11, 2023.

Is Hollysys PE-backed?

Yes. Hollysys is owned by private equity investor Ascendent Capital Partners.

Hollysys Business Overview

Where is Hollysys headquartered?

Hollysys is headquartered in Beijing, China.

What is Hollysys’ revenue?

Hollysys disclosed revenue of 777M USD for 2023 and 707M USD for 2022.

What sector is Hollysys in?

Hollysys is an information technology company.

Information Technology M&A Summary in 2023

Out of 60 sectors in the Mergr database, information technology ranked 2 in number of deals in 2023. The largest information technology acquisition in 2023 was Chindata Group Holdings - which was acquired by Bain Capital Private Equity for $3.2B.

Join Mergr to view all 706 acquisitions of information technology companies in 2023, including 70 acquisitions by private equity firms, and 636 by strategics.

Hollysys

HollySys Group

No.2 Di Sheng Middle Road, Economic-Technological Development Area,
Beijing, 100176
China,
010-58981000
www.hollysys.com

Hollysys is an automation control system solutions provider in China, with overseas operations in eight other countries and regions throughout Asia. The company empowers its customers with enhanced operational safety, reliability, efficiency, and intelligence that are critical to their businesses by leveraging its proprietary technology and deep industry know-how. It delivers a full spectrum of automation hardware, software, and services spanning field devices, control systems, enterprise manufacturing management, and cloud-based applications. In rail transportation, Hollysys provides advanced signaling control and SCADA (Supervisory Control and Data Acquisition) systems for high-speed rail and urban rail (including subways). Hollysys was founded in 1993 and is based in Beijing.


Company Summary

SECTOR

Information Technology

Revenue

777   10% 2023
707   20% 2022
593   18% 2021
503   2020
(millions of USD) Show More Show Less

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