Crestview Partners took the first step on its mission to build a market-leading global automation solutions provider by completing a majority investment in Canadian automation systems integrator JMP Solutions.
JMP designs, engineers and integrates hardware and software to automate its customers’ manufacturing, production and distribution facilities. Founded in 1987 In London, Ontario, the firm serves industrial and consumer end markets across the U.S. and Canada.
Terms of the deal were not disclosed, but Crestview said it plans to invest $200 million in the global automation solutions market. The New York-based private equity . . .
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