Rockwell Automation buys Maverick Technologies
Maverick Technologies has been acquired by Rockwell Automation. Terms of the transaction were not disclosed.
Founded in 1999 and headquartered in Columbia, Illinois, Maverick is the largest independent systems integrator in North America and is a global leader in industrial automation, enterprise integration and strategic manufacturing solutions for clients across a wide range of manufacturing and process industries.
Leveraging its unique enterprise-wide perspective, the Company identifies suboptimal operations and improves performance for greater safety, efficiency and overall profitability.
Maverick’s people, processes and technical capabilities ensure delivery of the right solution for every project, using the most appropriate technology.
Organizations around the world depend on Maverick’s responsiveness, results-driven approach and dedication to their success. Over the years, Maverick has completed more than 15,000 projects, in 46 countries, across six continents.
Paul Galeski, Maverick founder and chief executive officer, says: “We will continue to deliver our domain expertise, now with the power of a Fortune 500 industrial automation leader at our side.
“This creates the best combination available to help uncover the benefits of information that drive performance in process industries.”
Galeski adds: “Lincoln’s unique insights and in-depth understanding of our business model, drawn from the firm’s extensive experience advising professional and human capital services companies, allowed them to share our story and value proposition in a highly compelling manner.
“We were impressed with the level of personal attention and guidance Lincoln provided to the management team and our shareholders throughout the sale process.”
Investment bank Lincoln International acted as the exclusive financial advisor to Maverick, working closely with the management team and shareholders throughout the sale process. This included providing advisory expertise and managing the marketing, negotiation and due diligence phases of the transaction.
