Simpson Thacher represented RōBEX (a portfolio company of Angeles Equity Partners) in connection with its acquisition of +Vantage, LLC and its subsidiaries (“Vantage”). The transaction closed on October 28, 2022. The financial terms of the transaction were not disclosed.
Over the past 19 years, the Vantage team has delivered seamless robotic automation manufacturing, inspection, assembly and systems integration services. Vantage’s combination of engineering expertise, technical capability, market competitiveness and peerless after-sales support services enables manufacturers to automate and launch new programs with confidence. Vantage delivers innovative technologies that support manufacturers in delivering products on time, to spec and within budget.
The acquisition of Vantage is consistent with RōBEX’s strategy to expand in key global markets, including Mexico, Canada and China, with in-country technical field and engineering personnel that can support clients’ needs. Vantage’s flagship 66,000-square-foot manufacturing campus, located in Livonia, Michigan, will continue to operate and deliver world-class products and services to customers. When combined with RōBEX’s 55,000-square-foot manufacturing facility in Tipton, Indiana, the newly merged company offers significant capacity to customers.
The Simpson Thacher team included Gregory Klein, Jonathan Conigliari and Mariella McCormack (M&A); Sophie Staples and Lina Pan (Tax); Harry Hudesman and Damian Gallagher (ECEB); Lori Lesser, Melanie Jolson and Mark Natividad (Intellectual Property); Dennis Loiacono (Real Estate); and Christopher Brown and Mark Haddox (Credit).