M&A Deal Summary

Applied Industrial Technologies Acquires Advanced Control Solutions

On October 7, 2020, Applied Industrial Technologies acquired technology hardware company Advanced Control Solutions

Acquisition Highlights
  • This is Applied Industrial Technologies’ 1st transaction in the Technology Hardware sector.
  • This is Applied Industrial Technologies’ 24th transaction in the United States.
  • This is Applied Industrial Technologies’ 1st transaction in Georgia.

M&A Deal Summary
Date 2020-10-07
Target Advanced Control Solutions
Sector Technology Hardware
Buyer(s) Applied Industrial Technologies
Deal Type Add-on Acquisition

Target

Advanced Control Solutions

Marietta, Georgia, United States
Advanced Control Solutions is a provider of automation products, services, and engineered solutions focused on machine vision equipment and software, mobile and collaborative robotic solutions, intelligent sensors, logic controllers, and other related equipment. Advanced Control Solutions was founded in 1998 and is based in Marietta, Georgia.

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Buyer(S) 1

Buyer

Applied Industrial Technologies

Cleveland, Ohio, United States
Category Company
Founded 1923
Sector Distribution
Employees6,350
Revenue 4.4B USD (2023)
DESCRIPTION

Applied Industrial Technologies is an industrial distributor that offers more than five million parts to serve the needs of MRO and OEM customers in virtually every industry. Applied Industrial Technologies was founded in 1923 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 34 of 41
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 33 of 40
State (Georgia) 1 of 1
Country (United States) 24 of 30
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-14 Olympus Controls

Tualatin, Oregon, United States

Olympus Controls Corp. is an engineering services company that specializes in the integration of motion control, machine vision, and robotic technologies. Olympus Controls is based in Tualatin, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Gibson Engineering

Norwood, Massachusetts, United States

Gibson Engineering Co., Inc. is a provider of automation products, services, and engineered solutions focused on machine vision, motion control, mobile and collaborative robotic solutions, intelligent sensors, and other related equipment. Gibson Engineering is based in Norwood, Massachusetts.

Buy -
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