Acieta, previously known as RōBEX and a portfolio company of Angeles Equity Partners, LLC (“Angeles”), announced its 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. The acquisition of Capital enhances Acieta’s capabilities in material handling, assembly systems, and testing and control systems across a broader range of end markets, including medical and pharmaceutical, food and beverage, energy storage, consumer products, and aerospace and defense.
Capital, headquartered in Shelbyville, IN, is a full-service custom robotics system integrator known for its expertise in build-to-print and fabrication services, in-house machining, and electrical panel building services. Since its establishment in 1999, Capital has earned a strong reputation in the industrial automation field for its customer-focused 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 skilled team, technology, and high-performance culture with Acieta, we are exceptionally positioned to meet any customer’s industrial automation needs.”
Kent Colclazier, CEO of Capital, expressed his excitement about the acquisition. “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 offers our customers expanded reach, additional resources, and an unparalleled industry experience. My team and I are excited to be part of the next chapter of the Acieta platform.”
This acquisition is a significant step in Angeles’ strategy to build a scalable robotics integration platform with strong technological capabilities. Acieta focuses on providing a wide array of robotics applications to a diverse group of manufacturing customers across various industries, including 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 demand for sophisticated robotics automation systems is expected to increase as the manufacturing sector continues to face labor shortages and growing complexity.”
Simpson Thacher & Bartlett LLP served as legal advisors for Angeles. The financial terms of the transaction were not disclosed.
