
Angeles Equity Partners-backed RōBEX Acquires Vantage Corporation
Angeles Equity Partners-backed RōBEX, a robotics and industrial automation provider, has acquired Vantage Corporation, an industrial robotics manufacturer and integrator. The terms of the transaction were not disclosed.
This is the first strategic acquisition by RōBEX since it was acquired by Santa Monica-based private investment firm Angeles Equity Partners earlier in the year.
The combination of RōBEX’s 55,000-square-foot manufacturing facility in Tipton, Indiana, and Vantage’s flagship 66,000-square-foot manufacturing facility in Livonia, Michigan, is expected to add significant capacity to customers.
“Vantage has an outstanding reputation in the automation field for its innovative technology and a world-class team. They are highly regarded for their deep technical expertise in robotic automation systems integration,” said Craig Francisco, President & COO of RōBEX.
Vantage CEO and founder Tim White will remain as CEO throughout the integration process.