Arsenal Capital Partners (Arsenal), a private equity firm that specialises in investments in industrial growth and healthcare companies, has announced that it has acquired Eckhart Holdings, Inc. (Eckhart), an automation solutions provider from LFM Capital. Terms of the transaction have not been disclosed.
Eckhart’s advanced engineering, design, simulation, and integration services, along with proprietary tooling and other automation and robotics systems, support customers at critical points in the automation value chain.
Eckhart partners with blue-chip customers to design and implement automation solutions that solve complex problems and improve accuracy and efficiency in a number of attractive end markets, including ecommerce, engineered products, electric vehicles, transportation, and consumer products.
William Blair & Company LLC served as financial advisor to Eckhart and LFM Capital on this transaction, and Bass, Berry & Sims PLC served as legal advisor to Eckhart and LFM. Harris Williams LLC served as financial advisor to Arsenal, and Kirkland & Ellis LLP served as legal advisor to Arsenal.
