New York – November 1, 2016 – AEA Investors’ (“AEA” or the “Firm”) Middle Market Private Equity team announced today that its fund has completed the sale of DH Services Luxembourg S.à r.l. (“Dematic” or the “Company”), a U.S.-based global leader in automation solutions including technology, software and services that optimize the supply chain for fulfillment and warehouse management functions, to a strategic buyer.
Dematic is a leading global supplier of advanced integrated automation technology, software and services to customers across a variety of end markets including e-commerce, parcel logistics, general merchandise, apparel and food retailing, and manufacturing and distribution. Dematic’s product and systems portfolio ranges from Automated Guided Vehicles (AGVs), palletizers, storage and automated picking equipment to a leading integrated software platform and automated technologies. In partnership with Dematic’s management team and with the guidance of its Board of Directors, AEA helped drive a significant transformation of the business including building out Dematic’s leadership team and global structure, making substantial investments in research and development and software, and completing four acquisitions to add key strategic technology. This transaction underscores the Firm’s success in partnering with proven management teams to build market-leading industrial products companies.
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 (“Participants”) and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 70 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. The firm manages funds that have approximately $10 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments. AEA Private Equity invests across three sectors: value added industrials, consumer, and services.
Dematic is a leading supplier of integrated automated technology, software and services to optimize the supply chain. The Company employs over 6,000 skilled logistics professionals to serve its customers globally, with engineering centers and manufacturing facilities located around the world. Dematic has implemented more than 4,500 integrated systems for a customer base that includes small, medium and large companies doing business in a variety of market sectors.
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