AIP completes buyout of material handling firm Intelligrated
- AIP will bring together the capabilities of Intelligrated, including Transnorm, and Trew as part of a broader warehouse automation platform
- Alfred Rebello serves as CEO of the combined platform
American Industrial Partners has completed its acquisition of Intelligrated, a Mason, Ohio-based provider of material handling and warehouse automation solutions. The seller is Honeywell Technologies.
AIP will bring together the capabilities of Intelligrated, including Transnorm, and Trew as part of a broader warehouse automation platform.
“We are pleased to officially welcome Intelligrated to the AIP portfolio and to begin the next chapter for Intelligrated, Trew and Transnorm,” said Murray Grainger, partner at AIP. “These are three highly complementary businesses with strong technology, deep customer relationships, broad installed bases and talented teams.”
Alfred Rebello serves as CEO of the combined platform.
Evercore acted as exclusive financial advisor to AIP. Ropes & Gray LLP acted as transaction and financing counsel, and Baker Botts LLP acted as regulatory counsel to AIP.
