COLUMBUS, Ohio, March 28, 2022 /PRNewswire/ -- Hy-Tek Holdings (Hy-Tek), a portfolio company of Dunes Point Capital, LP (DPC), has acquired FASCOR and LCS. Hy-Tek is a material handling automation integrator serving clients in diverse end-markets and applications, including ecommerce, third-party logistics, and parcel. FASCOR is a leading provider of proprietary supply chain execution software solutions. LCS is a systems integrator. The companies operate as Hy-Tek Material Handling, LLC. The acquisitions were announced by Hy-Tek Holdings CEO Sam Grooms.
"Hy-Tek's acquisitions of FASCOR and LCS broaden our offerings as the predominant player in material handling and integrated systems (IS). With FASCOR, Hy-Tek helms the supply chain, delivering robust, agile, affordable execution, transportation, and inventory management software solutions. LCS, a long-standing Hy-Tek partner, expands our IS reach. Committed to growth, Hy-Tek always is looking for best-of-breed companies to join us," said Grooms.
DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion. For more, visit www.dunespointcapital.com.
Located in St. Henry, OH, LCS' 40 employees provide distribution and manufacturing facilities with integrated warehouse systems. firstname.lastname@example.org.
Headquartered in Columbus, OH, Hy-Tek is a material handling automation integrator serving clients in diverse end- markets and applications, including ecommerce, third-party logistics, and parcel. Hy-Tek was established as a combination of Hy-Tek Material Handling and WorldSource and has since acquired BP Controls, AHS, FASCOR, and LCS. Together, they operate as Hy-Tek Material Handling, LLC. Hy-Tek is the premier single-source provider of material handling solutions for a wide range of industries including manufacturing, distribution, retail, construction, food, electronics, automotive. Since 1963, Hy-Tek and its best-in-class industry partners—including manufacturers of industrial equipment; conveyor systems; automated storage and retrieval systems; rack and shelving—have provided customers large and small with turnkey solutions. From customized one-of-a-kind handling and storage systems to pre-assembled buildings and off-the-shelf products—Hy-Tek's experienced team of engineering, sales, operations, and project management professionals partner with customers to help enhance productivity, streamline processes, and boost profitability. With over 500 employees, Hy-Tek serves customers in the United States, Canada, and Mexico from offices in Georgia, Illinois, Kentucky, New Jersey, Ohio, Pennsylvania, Tennessee.
Contact www.hy-tek.com 800.837.1217
Media Contact: Nancy Flynn 614-312-7491
SOURCE Hy-Tek Material Handling