LOS ANGELES—(Business Wire, August 5, 2020)—Architect Equity (“Architect”) announced today that it has acquired a majority share in Solution Net Systems, Inc. (“SNS”), a leading global supplier of automated logistic systems and a trusted name in automated supply solutions, from Datalogic. SNS is based in Quakertown, Pennsylvania, and has over 40 years of experience providing integrated distribution solutions to companies in multiple sectors including postal, retail, food and pharmaceutical markets.
Dionisio Lucchesi, Managing Director of Architect Equity, said, “We are pleased to complete the acquisition of SNS and partner with Datalogic to drive the business forward. SNS has a rich history as a leading systems integrator to enable automation of logistics and supply chains across multiple industries and geographies. The business is well positioned to grow even in the current environment where further automation of distribution is mission critical for SNS’s customers and end markets.”
Stan Sroka, CEO of SNS, stated, “We believe that Architect Equity is an excellent partner to help take our solutions and business to the next level by supporting innovation, market expansion and other growth initiatives across our capabilities.”
“SNS is led by a highly qualified team and we are excited to have Architect Equity as a partner leading the effort to further growth in the business,” said Nicola Tedesco, Head of M&A and Business Development at Datalogic. “We are committed to helping SNS and Architect serve existing and new customers that require best in class automation and integration solutions for supply chain optimization.”
Architect Equity is a private investment firm comprised of an integrated team of investors and operators that provide swift and certain liquidity solutions to public and private business owners. Under Architect’s ownership, target companies benefit from industry relationships, operational resources, and an M&A platform to support further company growth and development.
CapM Advisors and Palladio Corporate Finance acted as financial advisors to Datalogic and Solution Net Systems. White & Case LLP served as legal counsel to Datalogic and Solution Net Systems.
ABOUT SOLUTION NET SYSTEMS
SNS is a global leader in developing industrial automation supply solutions of all sizes in industries including e-commerce, food, pharmaceutical, postal, retail, third-party logistics (3PL), and transportation and distribution. Our innovative solutions offer a comprehensive approach to logistics, encompassing design, engineering, and integration, along with installation, program management, and robust technical support. The company is based in Quakertown, Pennsylvania, and has origins dating back to 1971.
To learn more about SNS, please visit www.solutionnetsystems.com.
ABOUT DATALOGIC GROUP
Datalogic is a global leader in the automatic data capture and process automation markets, specialized in the designing and production of bar code readers, mobile computers, sensors for detection, measurement and safety, RFID vision and laser marking systems. Datalogic solutions help to increase the efficiency and quality of processes in the Retail, Manufacturing, Transportation & Logistics and Healthcare markets, along the entire value chain.
To learn more about Datalogic, please visit www.datalogic.com.
ABOUT ARCHITECT EQUITY
Architect Equity is an evergreen investment fund focused on acquiring and managing businesses in the lower middle market. The firm pursues companies that exhibit the opportunity for improvement and growth and can benefit from Architect’s capital base, industry relationships and operational resources. Based in Los Angeles, California, Architect was formed in 2018 and is comprised of a team of investors and operators that have over 100 years of combined experience in successfully acquiring and managing companies across a range of industries and market cycles.
To learn more about Architect Equity, please visit www.architectequity.com.
For additional information, please contact Dionisio Lucchesi at (310) 504-3760 or via e-mail at email@example.com.
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