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Arsenal Acquires Automation Solutions Provider Eckhart From Lfm Capital

PRIVATEJan 18, 2022

Acquiring Company

Innovative Products & Equipment, Inc.

Acquired Company

Eckhart

Professional ServicesFinancial ServicesSoftwareManufacturingTransportation

Description

Arsenal Capital Partners ("Arsenal"), a private equity firm that specializes in investments in industrial growth and healthcare companies, today announced that it has acquired Eckhart Holdings, Inc. ("Eckhart"), a leading automation solutions provider from LFM Capital. Terms of the transaction were not disclosed.

Quick answer

Innovative Products & Equipment, Inc. is acquiring Eckhart, announced January 18, 2022.

How much did Innovative Products & Equipment, Inc. pay for Eckhart?
The deal value was not disclosed.
What does Innovative Products & Equipment, Inc. do?
Founded in 1980 and headquartered in Hudson, New Hampshire, Innovative provides complex automation and product & process development solutions to blue-chip customers in specialized markets, with a focus on medical..

Source: Fundz verified event record.

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Company Information

Company

Innovative Products & Equipment, Inc.

Location

Executive Drive

About

Founded in 1980 and headquartered in Hudson, New Hampshire, Innovative provides complex automation and product & process development solutions to blue-chip customers in specialized markets, with a focus on medical device and life sciences. Innovative's technologies and solutions include automated assembly and test systems, machine vision solutions, integrated robotics, and engineering services. For additional information, please visit www.ipeinc.com.

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Frequently asked

Who acquired Eckhart?

Eckhart was acquired by Innovative Products & Equipment, Inc.. The deal was reported on January 18, 2022. Innovative Products & Equipment, Inc. is privately held and operates in Professional Services.

When did Innovative Products & Equipment, Inc. acquire Eckhart?

Innovative Products & Equipment, Inc.'s acquisition of Eckhart was reported on January 18, 2022. Arsenal Capital Partners ("Arsenal"), a private equity firm that specializes in investments in industrial growth and healthcare companies, today announced that it has acquired Eckhart Holdings, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Eckhart do?

Eckhart, based in Warren, MI, designs, builds, and sustains advanced industrial solutions used to solve complex manufacturing needs. It is privately held, operating in Manufacturing.

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