We represented Eckhart, Inc., a portfolio company of LFM Capital, in its acquisition of Minneapolis-based PRI Robotics & Automation. The transaction allows Eckhart to expand and grow its footprint in the Twin Cities region, enable unmatched local service, and provide direct access to some of their most valued regional technology partners. Terms of the transaction were not publicly disclosed.
PRI Robotics & Automation designs, builds, and integrates robotic systems for applications that include machine tending, assembly, dispensing, material removal, arc welding, and quality inspection.
Eckhart, Inc., a designer and manufacturer of specialized ergonomic assembly line tools and equipment, has been a portfolio company of Nashville-based LFM Capital since 2015.