Acieta, an Angeles Equity Partners Portfolio Company, Acquires Capital Industries

Angeles Equity Partners, LLC (“Angeles”) portfolio company Acieta, formerly known as RōBEX, announced the acquisition of Capital Industries LLC (“Capital”), an Indiana-based industrial robotics manufacturer and integrator. This marks the fifth strategic acquisition by Angeles in the robotics integration sector. Capital expands Acieta’s capabilities in material handling, assembly systems, and testing and control systems across various markets, including medical and pharmaceutical, food and beverage, energy storage, consumer products, and aerospace and defense.

Headquartered in Shelbyville, IN, Capital is a full-service custom robotics system integrator with expertise in build-to-print and fabrication services, in-house machining, and electrical panel building services. Since its inception in 1999, Capital has built a strong reputation for its customer-centric solutions and world-class team.

“Capital is highly regarded for its deep technical expertise in robotics automation systems integration,” said David Carr, CEO of Acieta. “By combining Capital’s technical team, technology, and high-performance culture with Acieta, we are exceptionally qualified to address any customer’s industrial automation requirements.”

Capital CEO Kent Colclazier expressed his enthusiasm about the transaction. “In partnership with Acieta, our team is eager to help lead what we believe is the country’s most proficient robotics integration platform,” said Colclazier. “This combination promises our customers expanded reach, additional resources, and an unparalleled industry experience. My team and I are excited to be a part of the next chapter of the Acieta platform.”

This transaction is a key step in Angeles’ strategy to build a scaled robotics integration platform with strong technology capabilities. Acieta aims to provide a robust array of robotics applications to diverse manufacturing customers across aerospace, agriculture, automotive, building products, consumer packaged goods, energy, heavy industry, and life sciences.

“We believe in the continued growth trajectory of the robotics integration industry,” said Sam Heischuber, managing director at Angeles Equity Partners. “The need for sophisticated robotics automation systems should only increase as the manufacturing sector continues to face labor shortages and increased manufacturing complexity.”

Source Link