Assembly & Test Worldwide, Inc.’s U.S.-based and German automation and test systems businesses, a portfolio company of Thompson Street Capital Partners, were acquired by Ontario-based ATS Automation Tooling Systems Inc.. Quarton Partners acted as exclusive financial advisor to ATW and Thompson Street Capital Partners in managing the sale process.
Based in Dayton, Ohio, ATW is a global leader providing automation systems and solutions fundamental to the assembly and testing of a wide variety of consumer and industrial products. Operating a family of complementary technologies and capabilities under the Assembly & Test Worldwide banner, the company harnesses innovation, technology, expertise, and resources to develop systems and equipment to satisfy customer and market demands. The acquired ATW businesses provide engineering and manufacturing expertise to local and global customers involved in energy, life sciences and transportation industries.
ATS is an industry-leading automation solutions provider to many of the world’s most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services including preautomation and after-sales services to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, chemicals, consumer products, electronics, food, beverage, transportation, energy, and oil and gas. Founded in 1978, ATS employs approximately 3,500 people at 25 manufacturing facilities and 51 offices in North America, Europe, Southeast Asia and China.