Routeco Group Holdings Limited acquisition of Autologic Holdings Limited
We recently advised a long-standing client, Routeco Group Holdings Limited (‘Routeco’) on the partial acquisition of Autologic Holdings Limited (the ‘Target’).
Autologic Systems Limited (‘ASL’), a subsidiary of the Target, is a distributor of software, whilst also providing training and consulting services.
Routeco have acquired a majority stake in the Target with all employees and the management team remaining in place to continue serving the customers and further develop the business.
Routeco is part of Sonepar UK Limited. The company was formed in 1978 and has successfully established itself as one of the UK`s leading specialist distributors of industrial automation and control products, providing customers with products from global manufacturers, together with a range of added value services.
Get in touch
For more information about this deal please contact Tracy Evans.
Our Corporate Team advise companies, management teams, investors and debt providers from business start-ups and first round finance agreements through to mergers and acquisitions, management buy outs, development funding and exit.