Convergix Automation Solutions in Troy, backed by New York’s Crestview Partners, has acquired AGR Automation, a U.K.-based provider of custom, high-performance automation design and system integrations, primarily to the life sciences industry. Terms of the transaction were not disclosed.
Following Convergix’s acquisitions of JMP Solutions in August 2021 and Classic Design in February 2022, AGR marks the third investment in Crestview’s strategy to build Convergix into a diversified automation solutions provider targeting the global $500+ billion market, with a particular focus on the $70 billion global systems integration and connectivity segments.
“The acquisition of AGR and its subsidiary company Aylesbury Automation accelerates Convergix’s planned global expansion and marks our first foray into Europe,” says Mike DuBose, executive chairman of Convergix. “AGR brings market-leading technical capabilities and exposure to strategic end markets such as life sciences and consumer goods, while expanding Convergix’s capacity for growth.
“We are excited to partner with the AGR team to continue building a world-class provider of custom automation solutions to global customers. AGR’s focus on engineering quality and commitment to customer satisfaction are well aligned with Convergix’s culture and strategy. We look forward to leveraging our existing operations across North America and India to create more opportunities for AGR to deliver exceptional customer solutions.”
Founded in 1970, AGR designs, develops, and integrates high-value automated systems to multinational customers across a variety of sectors, including life sciences and consumer goods. With end-to-end systems integration capabilities and a focus on precision applications, AGR’s approximately 130 employees work across three locations in Scotland, England, and Northern Ireland.
Derek Gaston, managing director of AGR, will remain in an advisory role, and its senior managers will continue in their current leadership roles.
“I am honored to have been part of building an innovative and high-quality provider of automated systems, which would not have been possible without the hard work and commitment of our exceptional team members and the loyalty of our customers,” says Gaston. “The AGR team is excited to join Convergix and to leverage its operational expertise to accelerate AGR’s growth and enhance our ability to serve our valued customers.”