CIMTEC Automation LLC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
CIMTEC Automation LLC is a privately-held company that provides automation and engineering solutions in the southeastern United States. It distributes factory automation products and control products that incorporate PLC, motion control, safety, control techniques drive, operator control station, sensor, industrial computer and monitor, bar code scanning, servo, gearbox, total control, operator interface, and vision products, as well as software technology. The company offers automation engineering process services, including define, design, execute, and deliver; general engineering services, such as diagnostic, startup assistance, training, and project management; and software engineering services comprising information systems survey, data integration, and systems expertise. CIMTEC Automation LLC also provides a remote terminal unit for fresh-water processes monitoring, lift station monitoring, environmental monitoring, homeland security, mobile asset management, energy management systems, remote data collection, utility service monitoring, stand-by power monitoring, off shore, and oil and gas monitoring applications. In addition, the company offers vision metrics, a vision software solution that communicates with machine vision cameras through an existing plant Ethernet network; collects and stores vision inspection results and images created by each camera and makes data available to users in the plant with a Web browser interface; provides visual confirmation of quality inspection; provides operators with statistical trends; and improves the effectiveness of existing resources. Additionally, CIMTEC Automation LLC provides training and support after sales. The company's solutions are used in automotive, food and beverage, pharmaceutical, utility, and water/wastewater industry applications. CIMTEC Automation LLC was founded in 1987. CIMTEC Automation LLC headquarters are located in Charlotte, North Carolina.
Keywords
Keywords
Classified
Private