M&A Deal Summary

Alstef Automation Acquires Solution Net Systems

On April 3, 2023, Alstef Automation acquired machinery company Solution Net Systems from Architect Equity

Acquisition Highlights
  • This is Alstef Automation’s 1st transaction in the Machinery sector.
  • This is Alstef Automation’s 1st transaction in the United States.
  • This is Alstef Automation’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-04-03
Target Solution Net Systems
Sector Machinery
Buyer(s) Alstef Automation
Sellers(s) Architect Equity
Deal Type Add-on Acquisition

Target

Solution Net Systems

Quakertown, Pennsylvania, United States
Solution Net Systems is a global supplier of automated logistic systems and automated supply solutions. SNS develops industrial automation supply solutions of all sizes in industries including e-commerce, food, pharmaceutical, postal, retail, third-party logistics (3PL), and transportation and distribution. Solution Net Systems was formed in 1971 and is based in Quakertown, Pennsylvania.

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Buyer(S) 1

Buyer

Alstef Automation

Orleans, France
Category Company
Founded 1961
Sector Machinery
Employees170
Revenue 50M EUR (2011)
DESCRIPTION

Alstef Automation engages in manufacturing and designing of material handling systems. Alstef Automation was founded in 1961 and is based in Orleans, France.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Architect Equity

Category Private Equity Firm
Founded 2017
Size Small
Type Sector Agnostic
DESCRIPTION

Architect Equity is a private equity firm focused on buyouts of mid-sized to large companies with revenues of $50 to $750 million. The Firm has a preference for North American businesses with sustainable competitive advantages, offering mission-critical products/services with recurring revenues in defensible markets. Prospective transaction situations include corporate divestitures, special situations, and privately-owned companies seeking a transition. Architect Equity was formed in 2017 and is based in El Segundo, California.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Timec Oil & Gas

Pasadena, Texas, United States

Timec Oil & Gas provides the full spectrum of mechanical, specialty welding, high-temperature repair, and inspection (HRI), and upstream oil-field services through nested maintenance, turnaround, or construction services. Timec Oil & Gas was founded in 1971 and is based in Pasadena, Texas.

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