# GrayMatter merges with HTSE Inc. to expand industrial intelligence platform

GrayMatter completed a strategic merger with HTSE, Inc., a process automation and machine control provider based in Portage, Michigan. The merger expands GrayMatter's industrial intelligence platform and creates STEM-based jobs in Michigan.

- Type: Acquisition
- Announced: 2023-06-27
- Where: Portage, Michigan, United States
- Status: completed
- Products: process automation, machine control, industrial analytics, industrial cybersecurity
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Hamilton Robinson Capital Partners](https://endata.com/companies/36473.md) (investor)
- [GrayMatter](https://endata.com/companies/52019.md) (acquirer)
- [HTSE](https://endata.com/companies/64649.md) (target)
- [Automation & Control Concepts](https://endata.com/companies/71274.md) (target)

## Sources

- [graymattersystems.com](https://graymattersystems.com/invests-in-stem-jobs-michigan/), 2023-06-27: "GrayMatter recently completed a strategic merger with HTSE, Inc., a process automation & machine control provider founded in 1989 in Portage, Mich."
- [prnewswire.com](https://www.prnewswire.com/news-releases/graymatter-expands-industrial-intelligence-platform-through-strategic-merger-with-automation--control-concepts-301870587.html), 2023-07-05: "We're excited to add ACC to GrayMatter's family of brands as we accelerate our expansion with our latest strategic merger."
- [hrco.com](https://hrco.com/news/2023/07/13/hamilton-robinson-capital-partners-expands-industrial-intelligence-platform-with-latest-acquisition/), 2023-07-13: "ACC is a great addition to the GrayMatter family of brands, given the overlap in the food and beverage end market, as well as being a great cultural fit."
- [graymattersystems.com](https://graymattersystems.com/brand/automation-control-concepts/), 2024-03-28: "GrayMatter acquired Automation & Control Concepts LLC in July 2023 as part of a strategic merger."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.