M&A Deal Summary

Huizenga Group Acquires Adaptek Systems

On November 1, 2023, Huizenga Group acquired business services company Adaptek Systems

Acquisition Highlights
  • This is Huizenga Group’s 2nd transaction in the Business Services sector.
  • This is Huizenga Group’s 3rd transaction in the United States.
  • This is Huizenga Group’s 2nd transaction in Indiana.

M&A Deal Summary
Date 2023-11-01
Target Adaptek Systems
Sector Business Services
Buyer(s) Huizenga Group
Deal Type Add-on Acquisition

Target

Adaptek Systems

Fort Wayne, Indiana, United States
Adaptek Systems provides automation systems for assembly, testing and other unique process challenges. Its operations include over 20,000 square feet of design, production and testing space. Adaptek Systems was founded in 1989 and is based in Fort Wayne, Indiana.

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Buyer(S) 1

Buyer

Huizenga Group

Grand Rapids, Michigan, United States
Category Company
Sector Business Services
DESCRIPTION

Huizenga Group provides management services to a diverse group of companies in tool and die, pharmaceutical packaging, machined metal parts, electrical contracting and highly engineered automotive component manufacturing. Huizenga Group is based in Grand Rapids, Michigan.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Indiana) 2 of 2
Country (United States) 3 of 3
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-01 API Alliance

Fort Wayne, Indiana, United States

API Alliance provides customers with quick-turn prototypes to complete electronic solutions, including turnkey PCB assembly, and offers a full array of services, including engineering and product development. API Alliance was founded in 1994 and is based in Fort Wayne, Indiana.

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