Fusion Capital Partners (“Fusion”), a private equity firm specializing in engineered products and essential services, has announced its recent acquisition of Tavoron, a provider of industrial automation components, systems, and services. Terms of the transaction were not disclosed.
Expanding Automation Capabilities
Tavoron, with its multiple operating companies across the U.S. and Canada, specializes in electrical and air automation components, robotic systems, and compressed air technologies. The company’s solutions and services are designed to optimize manufacturing processes, improve production quality and enhance workplace safety, helping customers automate complex and repetitive tasks to increase efficiency.
“Tavoron offers a comprehensive range of components and solutions that empower customers to improve operational efficiency, simplify procurement, enhance visibility and reduce downtime caused by labor shortages,” said Jeff Chaney, Principal of Fusion. “With strong demand for automation across multiple industries, Tavoron is well-positioned to capitalize on these trends given their broad product offering and specialized expertise.”
Supporting Growth and Expansion
Fusion Capital Partners aims to support Tavoron’s expansion and investment in automation technologies. Jason Cowett, Managing Partner of Fusion, also remarked, “Tavoron’s strong leadership team, along with their clear strategic vision and commitment to customer success, aligns perfectly with our values at Fusion. Their focus on delivering exceptional value and pursuing ambitious growth initiatives is exactly the kind of partnership we seek as we analyze investment opportunities. We look forward to working alongside Tavoron’s management to help drive the company’s growth into a market leader, as they continue to expand and invest in cutting-edge technologies to better serve their growing customer base.”
Tavoron’s Role in Advancing Automation
Tavoron’s CEO Nicholas Martino highlighted the importance of the partnership in advancing automation solutions.
Nicholas Martino, CEO of Tavoron, commented, “Our partnership with Fusion is a significant milestone for Tavoron and highlights the value of our advanced automation technology in streamlining production for our customers. Fusion’s deep sector expertise, operational support, and extensive network will enable us to expand our capabilities and accelerate our growth both organically and through strategic add-on M&A.”
Tavoron will continue to operate from its Eagan, MN headquarters under its current leadership team.
About Tavoron
Tavoron is a provider of industrial automation solutions, specializing in electrical and air automation, robotic systems, and compressed air technology. The company delivers automation solutions designed to support manufacturing efficiency and system integration. Tavoron includes a network of operating companies across the U.S. and Canada, including Accu Tech USA, Automation & Robotics Solutions, Celco Automation, DevLinks, HTE Technologies, JHFOSTER, PTS Products, Sensors Incorporated, and Sensors Integration.
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Source: Fusion Capital Partners / Tavoron
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