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Arsenal Capital Partners Acquires Innovative Products & Equipment As Its Second Investment To Build Leading Automation Solutions Business

Aug 23, 2022•almost 3 years ago

Acquiring Company

Innovative Products & Equipment, Inc.

Acquired Company

Innovative Products & Equipment

SoftwareFinancial ServicesProfessional ServicesBiotechnologyManufacturingInformation Technology

Description

Arsenal Capital Partners ("Arsenal"), a private equity firm that specializes in investments in industrial growth and healthcare companies, today announced that it has completed an investment in Innovative Products & Equipment, Inc. ("Innovative"), which it will combine with Eckhart, Inc. ("Eckhart") to build a leading automation solutions provider serving highly complex applications in high-growth end markets. The terms of the Innovative acquisition were not disclosed.

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.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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