AEA Acquires SCIO Automation
AEA Investors’ (“AEA” or the “Firm”) Middle Market Private Equity team announced today that its fund has closed the acquisition of SCIO Automation Holding GmbH (“SCIO” or the “Company”).
New York – August 31, 2023 – AEA Investors’ (“AEA” or the “Firm”) Middle Market Private Equity team announced today that its fund has closed the acquisition of SCIO Automation Holding GmbH (“SCIO” or the “Company”). Headquartered in Frankenthal, Germany, SCIO is a leading industrial automation system integrator offering solution design, engineering, implementation and support for the automation of intralogistics and production processes, with a presence in Europe and the Americas. The Company serves a broad range of end markets, including but not limited to automotive, semiconductor, electricity transmission, food & beverage, chemicals, life sciences, water treatment and general manufacturing. Alongside its engineering and Programmable Logic Controller programming services, SCIO has developed a differentiated and proprietary product offering for cleanroom applications, intralogistics solutions for the food & beverage industry and automated mobile robots. AEA is excited to invest in a leading industrial automation platform in the system integrator space that is benefiting from secular growth trends and is an area which AEA knows well from prior investments. Quadriga Capital, the prior majority owner, has reinvested a minority position.
About AEA Investors
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 120 investment professionals operate globally with offices in New York, Stamford, San Francisco, London, Munich and Shanghai. The firm manages funds that have approximately $19 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies, growth capital and mezzanine and senior debt investments.
About Quadriga Capital
Quadriga Capital is a leading equity partner for medium-sized companies in the German-speaking region and neighboring countries. Growth-oriented companies in the healthcare, tech-enabled services and smart industries sectors are the focus of the investment activities. Quadriga Capital Funds has invested in more than 40 companies in recent years, which in turn have made over 140 follow-on acquisitions. Entrepreneurial management teams are supported by a broad range of experience and expertise as well as an international industrial network, with a strong focus on sustainability and digitalization. Quadriga Capital Funds are advised by Quadriga Capital Eigenkapitalberatung GmbH.
About SCIO
SCIO is an international end-to-end automation platform that passionately believes in its mission to support companies on their journey toward Industry 4.0. As a system integrator, SCIO automates production and logistics processes. As an innovator, SCIO develops value-added and customized automation products for the Autonomous Mobile Robots, Software and Cleanroom sectors, as well as for Food Intralogistics and Industrial Labeling. The SCIO platform currently comprises ten company brands, totaling more than 1,100 employees across 30 locations in eight countries worldwide, all of whom play a part in implementing the Smart Factory concept for global players in a wide range of industries.
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