# Acieta acquires Capital Industries from Banks Machine & Engineering

Acieta, a portfolio company of Angeles Equity Partners, acquired Capital Industries, a designer and manufacturer of custom robotic and automation systems. The acquisition closed on July 24, 2024.

- Type: Acquisition
- Announced: 2024-09-09
- Where: Shelbyville, Indiana, United States
- Status: completed
- Products: custom robotic and automation systems, material handling and feeding systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Acieta](https://endata.com/companies/19142.md) (acquirer)
- [Angeles Equity Partners](https://endata.com/companies/43131.md) (investor)
- [Capital Industries](https://endata.com/companies/78873.md) (target)
- [Banks Machine & Engineering](https://endata.com/companies/79711.md) (partner)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20240909255824/en/Generational-Group-Advises-Banks-Machine-Engineering-Inc.-dba-Capital-Industries-in-its-Sale-to-Angeles-Equity-Partners-a-Portfolio-Company-of-Acieta), 2024-09-09: "In partnership with Acieta, our team is eager to help lead what we believe is the country’s most proficient robotics integration platform."

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