GRAND RAPIDS, Mich., Jan. 31, 2024 (Globe Newswire) — blackford capital Data Science Automation (“DSA”), a leading lower middle market private equity firm, today announced that Data Science Automation, an automation engineering services and training company with operations in Pittsburgh, Pennsylvania and Cleveland, Ohio, (“DSA”). Customers can digitally transform and automate their lab, product, manufacturing, and test systems and applications.
DSA is the first add-on to Blackford’s PACIV platform, announced in June 2023. PACIV is a leading full-service provider of industrial process automation with offices in San Juan, Puerto Rico, Indianapolis, Indiana, and Cork, Ireland. System integration primarily for manufacturers in the pharmaceutical and life sciences industries. The addition of data science automation expands the platform’s North American operations, expands its engineering and technology capabilities, and provides new customer opportunities around the world.
Terms of the deal were not disclosed.
“We are excited to welcome Data Science Automation as our first add-on acquisition to the PACIV Industrial Automation Platform,” said Jeff Johnson, Managing Director of Blackford Capital and Chairman of the PACIV Board of Directors. “This strategic acquisition brings enhanced engineering and training capabilities, a proven track record, and a team of talented professionals that complement our vision to further expand our footprint in the United States.”
Founded in 1993, DSA is a Control Systems Integrators Association (CSIA) certified gold-level control systems integrator with more than 30 years of experience providing automation engineering services in support of pioneering clients. DSA leverages its electrical, mechanical, software, and systems engineering capabilities to provide a diverse range of services, including measurement and automation, machine building and mechatronics, enterprise and integration, and consulting and training services, to customers worldwide across a variety of industries throughout North America. We supply many of the leading companies. Europe, Southeast Asia, and the Middle East.
Rich Bruegmann, DSA’s founder and CEO, will maintain his role following the acquisition, along with the rest of DSA’s employee base.
“Over the past 30 years, our team of highly regarded and certified automation experts has solved more than 3,000 challenges for more than 1,650 companies around the world, helping our clients improve their products and operations and drive ambitious We have achieved impactful automation engineering and digital transformation initiatives,” DSA said. Rich Bruegman. “Joining Blackford’s industrial automation platform and working with our experienced team will not only enhance our market position but also accelerate our overall growth trajectory. We are confident in our collective ability to drive success and deliver enhanced value to our customers and partners.”
“DSA’s commitment to professionalism, operational excellence and long-term value creation aligns with Blackford Capital’s values,” said Martin Stein, Founder and Managing Director of Blackford Capital. “This acquisition is poised to generate significant value creation, including operational efficiencies, resource optimization and expansion of our global network, and is a versatile and dynamic acquisition that delivers value to all involved stakeholders. “Together, we are poised to unlock new opportunities, drive innovation and deliver exceptional returns for our investors.” is completed. ”
Benchmark International served as exclusive investment advisor, DGPerry served as accounting/tax advisor, and Lynch Law Group served as legal advisor to DSA. Varnum LLP served as legal advisor and Baker Tilly served as his PACIV financial and tax advisor. HCAP Partners provided debt financing for this transaction.
About Blackford Capital
Founded in 2010, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford acquires, manages and builds founder- and family-owned lower middle market companies with a focus on manufacturing, industrial and distribution industries. Blackford has an exceptional revenue track record, a disciplined and relentless approach to value creation, and a focus on operational excellence and an engaging culture. In 2023, Blackford Capital was named to Inc’s list of Founder-Friendly Investors, received the 2023 M&A Dealmaker of the Year Award from ACG Detroit, and was recognized by Buyout Magazine and Global M&A Network’s 2023 Small Market Deal of the Year Award from both. Atlas Award Winner. For more information, please visit www.blackfordcapital.com.
About data science automation
Since 1993, Data Science Automation® (DSA) has been a leading automation systems integrator, leveraging off-the-shelf tools to design and implement custom-designed complete and adaptable solutions in laboratory automation, embedded/new products. I am. Development, smart manufacturing and test automation. The company provides a wide range of automation engineering, programming, consulting and training services to dramatically improve research, manufacturing, government and business operations. DSA is agile and methodical, staffed by highly qualified multidisciplinary certification experts who consistently apply CSIA certification best practices to minimize total cost of ownership. For more information, visit dsaautomation.com.
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