# Ares Management launches AIR and acquires TA Systems and Modular Automation

Ares Management Corporation launched a new automation company, Automated Industrial Robotics Inc. (AIR), and acquired Totally Automated Systems (TAS) and Modular Automation as foundational companies. AIR was formed in August 2023.

- Type: Acquisition
- Announced: 2024-01-19
- Where: United States
- Status: completed
- Products: assembly machines, automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Automated Industrial Robotics Inc.](https://endata.com/companies/17775.md)
- [Ares Management](https://endata.com/companies/7464.md) (investor)
- [Modular Automation](https://endata.com/companies/43898.md) (target)
- [Totally Automated Systems](https://endata.com/companies/75125.md) (target)

## Sources

- [industrialrobotics.com](https://industrialrobotics.com/ares-launches-industrial-automation-company-acquires-ta-systems-modular-automation/), 2024-01-19: "AIR is positioned to succeed through acquiring best-fit companies with key enabling technologies that will deliver growth in market reach and capacity."

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