We are pleased to announce the sale of its client Integro Technologies, Corp. to Kaman Distribution Group. The acquisition closed October 13, 2021.
Located in Salisbury, North Carolina, Integro Technologies (Integro) is a nationally recognized and industry-leading vision integrator and inspection company. With over 50 employees and 30 degreed engineers, Integro develops turn-key productivity solutions through machine vision and robotics.
Kaman Distribution Group (KDG), located in Bloomfield, Connecticut, is a $1.2B leading national distributor of highly engineered products and services with over 220 locations in the U.S., including Puerto Rico. Established in 1971, their industry-leading technical sales force has been servicing customers for nearly 50 years.
Tom Campion, Founder of Integro, states, “We are very excited to partner with KDG and leverage their national footprint and value-added capabilities.”
“Working as a team, we have always improved and evolved to accomplish far more than we could ever achieve individually. Joining forces with KDG represents an important milestone in our journey to help accelerate our growth.”
“We are very excited to have Integro join KDG,” said Ben Mondics, President and CEO of Kaman Distribution Group.
“Integro is a leading player in machine vision inspection, and we look forward to pairing their capabilities with our national scale to bring significant value to our respective customers and suppliers. The founders of Integro have built a great organization with a talented and dedicated group of associates and we look forward to their continued contribution and success as part of KDG.”
Integro will be a part of KDG’s Kaman Automation business unit but will support the entire platform across a number of critical industries, including pharmaceutical, medical, automotive, aerospace, consumer products, packaging, and logistics.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team lead by Sr. Vice President of Mergers and Acquisitions, Chris Gain, with support from Vice President, M&A, Jacob Mangalath, successfully closed the deal. Senior Managing Director Terry Stidham established the initial relationship with Integro.
“Finding a partner that would accelerate Integro’s growth and help it better serve customers in diverse geographies was our goal,” said Gain. “KDG’s scale, commitment to customers, and culture proved to be an ideal fit.”
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Industrials M&A Deals page.
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