American Industrial Partners (AIP) has finalized its acquisition of Intelligrated, a company specializing in material handling and warehouse automation solutions based in Mason, Ohio. The seller in this transaction was Honeywell Technologies.

AIP plans to integrate Intelligrated's capabilities, along with those of Transnorm and Trew, into a comprehensive warehouse automation platform. Alfred Rebello has been appointed as the CEO overseeing this combined entity.

Murray Grainger, a partner at AIP, expressed enthusiasm about Intelligrated joining the AIP portfolio, highlighting the complementary strengths of Intelligrated, Trew, and Transnorm. He noted their robust technology, established customer relationships, extensive installed bases, and skilled workforces.

Evercore provided financial advisory services to AIP, while Ropes & Gray LLP and Baker Botts LLP offered legal counsel for transaction, financing, and regulatory matters, respectively.