M&A Deal Summary

Hy-Tek Acquires BP Controls

On June 15, 2021, Hy-Tek acquired information technology company BP Controls

Acquisition Highlights
  • This is Hy-Tek’s 1st transaction in the Information Technology sector.
  • This is Hy-Tek’s 6th transaction in the United States.
  • This is Hy-Tek’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2021-06-15
Target BP Controls
Sector Information Technology
Buyer(s) Hy-Tek
Deal Type Add-on Acquisition

Target

BP Controls

Manalapan, New Jersey, United States
BP Controls designs, engineers and integrates controls systems and warehouse control software for warehouse automation applications. BP Controls was formed in 1994 and is based in Manalapan, New Jersey.

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Buyer(S) 1

Buyer

Hy-Tek

Columbus, Ohio, United States

Category Company
Founded 1963
Sector Business Services
Employees475
DESCRIPTION

Hy-Tek is a provider of material handling solutions for an extensive range of industries including manufacturing, distribution, retail, pharmaceutical, food, electronics, and automotive. Hy-Tek was founded in 1963 and is based in Columbus, Ohio.


DEAL STATS #
Overall 6 of 10
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 10
State: New Jersey M&A 1 of 1
Country: United States M&A 6 of 10
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-03 Johnson Stephens Consulting

Atlanta, Georgia, United States

Johnson Stephens Consulting, Inc. is a supply chain operations consultancy that provides clients with cost-effective, service-focused solutions. Opportunities include logistics network optimization, facility planning & design, WMS, TMS & LMS services, labor-management engineering, LEAN distribution, and operations excellence. Johnson Stephens Consulting was established in 2003 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-21 Advanced Handling Systems

Erlanger, Kentucky, United States

Advanced Handling Systems is a full-service provider of integrated fulfillment, distribution, and robotic solutions. Uniquely equipped with multiple service groups, it helps streamline processes and improve productivity. Through its unique 6-step DesignBuild process, AHS partners with clients throughout their entire project lifecycle. Advanced Handling Systems was formed in 1973 and is based in Erlanger, Kentucky.

Buy -