Systec Conveyor Corp.
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Systec Conveyor Corp. - overview
Established
1992
Location
Indianapolis, IN, US
Primary Industry
Logistics & Distribution
About
Systec Conveyor Corp. specializes in advanced material handling solutions, particularly roller conveyor systems, bundle handling, and safety palletizing products designed to enhance efficiency in various industrial environments. Founded in 1992 and headquartered in Indianapolis, US, Systec Conveyor Corp. focuses on delivering tailored material handling solutions.
In November 2015, the company was acquired by Hamilton Robinson, though specific financial terms were not disclosed. Systec Conveyor System specializes in providing advanced material handling solutions, focusing primarily on roller conveyor systems, bundle handling, and safety palletizing products. Their offerings are designed to enhance operational efficiency in various industrial settings, particularly in non-corrugated facilities. Systec's equipment is utilized for applications such as stable stack unitizing and customized solutions that align with unique customer needs.
The company serves a diverse client base that includes manufacturers across various sectors, such as litho labeling and corrugated packaging, providing tailored systems that integrate seamlessly with existing operations. Systec's products are marketed primarily in North America, catering to clients seeking innovative and reliable material handling systems that facilitate smoother workflows and reduce manual handling risks. Systec Conveyor System operates on a B2B transaction model, generating revenue through the sale of its specialized conveyor systems and related products. The company engages clients through direct partnerships, focusing on large manufacturers and distributors who require customized material handling solutions.
Revenue streams include one-time sales of equipment, as well as ongoing maintenance and support services based on the complexity and scale of installations requested by clients. Systec aims to build long-term relationships with clients, ensuring their material handling needs are met efficiently and effectively. Systec Conveyor Corp. is focused on expanding its product offerings with new designs aimed at enhancing material handling efficiency, though specific release dates have not been disclosed.
The company also plans to target additional markets and geographical regions to broaden its client base, leveraging its current operational capabilities. Following the acquisition by Hamilton Robinson in November 2015, Systec is expected to utilize its resources to support these growth initiatives and strengthen its market position.
Current Investors
Inspire Automation
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution, Nanomaterials
Website
www.systecconveyors.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
Systec Conveyor Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Automatän Inc., Systec Conveyor Corp. | - | ||||||||
| Buyout | Completed | Systec Conveyor Corp. | - |
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