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  6. Genuen Acquires Versatech

M&A Deal Summary

Genuen Acquires Versatech

On August 12, 2021, Genuen acquired information technology company Versatech

Acquisition Highlights
  • This is Genuen’s 2nd transaction in the Information Technology sector.
  • This is Genuen’s 3rd transaction in the United States.
  • This is Genuen’s 1st transaction in Illinois.

M&A Deal Summary
Date 2021-08-12
Target Versatech
Sector Information Technology
Buyer(s) Genuen
Deal Type Add-on Acquisition

Target

Versatech

Effingham, Illinois, United States
Versatech serves as a production line integrator, combining high-end robotic, automation, and controls hardware with customized software. Versatech has relationships with leading robotics technology developers including Fanuc, Yaskawa/Motoman, Epson, Denso, Mitsubishi, and Universal Robots, among others. The company also provides expert vision inspection capabilities for production automation. Versatech was established in 2008 and is based in Effingham, Illinois.

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Buyer(S) 1

Buyer

Genuen

Lenexa, Kansas, United States
Category Company
Sector Software
DESCRIPTION

Genuen is a provider of software test automation services, systems, and product solutions to global companies in highly regulated industries. Genuen is based in Lenexa, Kansas.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Illinois M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-02 Butterfield Engineering

Fairfield, Ohio, United States

Butterfield Engineering LLC is a specialized test engineering firm focused on modular test systems and test software development. Butterfield Engineering is based in Fairfield, Ohio.

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