Motion Controls Robotics Secures Funding to Pursue Strategic Acquisitions
Motion Controls Robotics, Inc. (MCRI) has secured funding from Signature Bank NA to support its strategic growth and pursue acquisitions in key Eastern U.S. markets.
Friday, October 18, 2024
Fremont, OH – Motion Controls Robotics, Inc., a leader in robotic automation solutions, is pleased to announce secured funding from Signature Bank NA, based in Toledo, Ohio. This funding marks a significant step in MCRI’s growth strategy, aimed at expanding its capabilities and offering more advanced automation solutions for businesses in key industries.
With this funding, MCRI is actively pursuing acquisition opportunities with companies in the Eastern U.S., particularly around the Philadelphia, PA, and Charlotte, NC, areas. These companies specialize in packaging, custom machine building, or controls engineering, and have revenues up to $10M. MCRI’s goal is to integrate complementary expertise, broaden its service offerings, and create added value for customers looking to enhance their production efficiency.
“We are committed to partnering with businesses that share our values and passion for innovation and quality,” said Scott Lang, CEO and sole owner of MCRI. “This funding allows us to grow strategically while forming partnerships that extend beyond acquisitions — together, we can create lasting value and success.”
Josh Schuyler, Sr. VP of Client Development at Signature Bank NA, commented, “We’re proud to support MCRI in their acquisition strategy. Their impressive growth over the past seven years and their leadership in the robotic automation sector align with our commitment to fostering long-term success. MCRI’s position as a privately held company, without private equity backing, allows them to focus on sustainable, long-term growth. This approach makes them an ideal partner for companies seeking both stability and expansion.”
Businesses interested in exploring acquisition or partnership opportunities with MCRI are encouraged to reach out.
About Motion Controls Robotics, Inc.
Since 1995, MCRI has been an exclusive FANUC Authorized Servicing Integrator based in Fremont, Ohio. With over 90,000 square feet of facility space and 70+ employees, MCRI delivers complete, vertically integrated automation solutions across multiple industries, including food & beverage, consumer goods, medical, pharmaceutical, and construction materials.
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Paul McArthur CPA, Controller
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