Kele, Inc. Completes Acquisition of A-tech, Inc.
Summary
MEMPHIS, Tenn. & TULSA, Okla.--(BUSINESS WIRE)--Kele, Inc., a portfolio company of The Stephens Group, LLC, today announced that it acquired A-tech, Inc., a distributor of industrial automation products. Grant Jones, Managing Director at The Stephens Group, added, “Since partnering with Kele in 2020, we have been focused on building the leading distributor of process and automation solutions. Kele serves the $275+ billion Commercial and Industrial Automation markets with more than 300 brands and 1.8 million parts in stock, including sensors, transmitters, switches, gauges, valves, actuators, relays, and more. Strategically headquartered in America’s logistics hub, Memphis, Tenn., and with regional locations organized under the Kele Companies umbrella in Boston, Seattle, Portland, Ore., Dallas, Fort Worth, Texas, Austin, Texas, Oklahoma City, Tulsa, Okla., Chicago and Milwaukee, Kele provides building automation and industrial customers with fast and reliable services. The Stephens Group, LLC is a private investment firm that partners with talented management teams to help build valuable businesses.