M&A Deal Summary

Lab651 Acquires Applied Logic Engineering

On September 24, 2020, Lab651 acquired information technology company Applied Logic Engineering

Acquisition Highlights
  • This is Lab651’s 1st transaction in the Information Technology sector.
  • This is Lab651’s 1st transaction in the United States.
  • This is Lab651’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2020-09-24
Target Applied Logic Engineering
Sector Information Technology
Buyer(s) Lab651
Deal Type Add-on Acquisition

Target

Applied Logic Engineering

Maple Grove, Minnesota, United States
Applied Logic Engineering, Inc. is an engineering services company that specializes in developing IoT products for commercial and industrial applications. Applied Logic Engineering was established in 1984 and is based in Maple Grove, Minnesota.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Lab651

Saint Paul, Minnesota, United States
Category Company
Founded 2016
Sector Information Technology
DESCRIPTION

Lab651 LLC is an end-to-end product design, development, and engineering company focusing on the Internet of Things. Lab651 uses sensors, devices, cloud, mobile apps, and Artificial Intelligence to give visibility and efficiency to save businesses time and money. Lab651 was established in 2016 and is based in Saint Paul, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Mergr

Product

Company

Legal