M&A Deal Summary

John Henry Foster Acquires DevLinks

On May 2, 2023, John Henry Foster acquired manufacturer DevLinks

Acquisition Highlights
  • This is John Henry Foster’s 1st transaction in the Manufacturing sector.
  • This is John Henry Foster’s 3rd transaction in the United States.
  • This is John Henry Foster’s 1st transaction in Illinois.

M&A Deal Summary

Date 2023-05-02
Target DevLinks
Sector Manufacturing
Buyer(s) John Henry Foster
Deal Type Add-on Acquisition

Target

DevLinks

Arlington Heights, Illinois, United States
DevLinks is a national systems integrator with a focus on tailoring robotics technology and advanced automation solutions for the plastic industry. From the project inception to completion, the company's process involves project management, mechanical engineering, robot programming, controls engineering, support and diagnostics, installation, and documentation making them a one-stop solution shop for most automation needs. As a contract machine shop, it offers services and capabilities, such as build-to-print assembly and retrofitting existing equipment. DevLinks was founded in 2004 and is based in Arlington Heights, Illinois.

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Buyer(S) 1

Buyer

John Henry Foster

Eagan, Minnesota, United States

Category Company
Founded 1938
Sector Distribution
DESCRIPTION

John Henry Foster is a distributor of motion control parts and accessories, compressed air systems, collaborative robots, industrial robotics, and electrical automation products. John Henry Foster was founded in 1938 and is based in Eagan, Minnesota.


DEAL STATS #
Overall 3 of 3
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Illinois) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Sensors

Delano, Minnesota, United States

Sensors is a distributor and integrator of industrial sensing products and systems, including machine vision, process control, and monitoring, barcode scanning, and safety guarding solutions. Sensors are based in Delano, Minnesota.

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