1/11/21
High Road Capital Partners (www.highroadcap.com) announced today that its portfolio company
John Henry Foster Minnesota (www.jhfoster.com) has completed the acquisition of the assets of the distribution segment of
Motion Tech Automation (www.motiontech.com), marking the company s first acquisition under High Road Capital s ownership.
The distribution segment of Motion Tech Automation ( MTD ) is a leading value-added distributor of engineered automation, motion control and sensor solutions for a diverse array of end markets.
John Henry Foster Minnesota ( JHFoster ) was acquired by High Road Capital Partners Fund II in May 2019. JHFoster is a leading value-added distributor of motion control parts and accessories, compressed air systems, collaborative robots, industrial robotics, and electrical automation products to manufacturers in the upper Midwest. The company is headquartered in Eagan, Minnesota.
High Road Capital Partners Portfolio Company John Henry Foster Minnesota Acquires Distribution Segment Of Motion Tech Automation
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NEW YORK, Jan. 11, 2021 /PRNewswire/ High Road Capital Partners (www.highroadcap.com) announced today that its portfolio company John Henry Foster Minnesota (www.jhfoster.com) has completed the acquisition of the assets of the distribution segment of Motion Tech Automation (www.motiontech.com), marking the company s first acquisition under High Road Capital s ownership.
The distribution segment of Motion Tech Automation ( MTD ) is a leading value-added distributor of engineered automation, motion control and sensor solutions for a diverse array of end markets.