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  6. MiTek Industries Acquires Hornet Saw Systems

M&A Deal Summary

MiTek Industries Acquires Hornet Saw Systems

On January 24, 2020, MiTek Industries acquired business services company Hornet Saw Systems

Acquisition Highlights
  • This is MiTek Industries’ 1st transaction in the Business Services sector.
  • This is MiTek Industries’ 11th transaction in the United States.
  • This is MiTek Industries’ 1st transaction in California.

M&A Deal Summary
Date 2020-01-24
Target Hornet Saw Systems
Sector Business Services
Buyer(s) MiTek Industries
Deal Type Add-on Acquisition

Target

Hornet Saw Systems

Marysville, California, United States
iN4 Solutions, Inc. is a provider of an automated inking & sawing systems that deliver a high production, high-quality supply of layout and parts cutting. iN4 Solutions is based in Marysville, California.

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Buyer(S) 1

Buyer

MiTek Industries

Chesterfield, Missouri, United States
Category Company
Sector Building Materials
DESCRIPTION

MiTek, headquartered in Chesterfield, Missouri, is a supplier of advanced engineered structural connector systems, equipment, software and services for the building components industry.

DEAL STATS #
Overall 13 of 13
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 11 of 11
State: California M&A 1 of 1
Country: United States M&A 11 of 11
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-14 Mezzanine International

Kent, United Kingdom

Mezzanine International Ltd. is a mezzanine flooring supplier. Mezzanine International delivers bespoke performance structures, mezzanine decking, and ancillary products to clients across all industry sectors.

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