Local Ownership Group Acquires Automation Engineering, Inc.
The Principals of True North Strategic Advisors, LLC advised Automation Engineering, Inc. on the sale of its assets to a local ownership group led by Leonard R. Braner. The transaction was effective August 17, 2011. Founded in 1976, by Michael E. McCullum, Automation Engineering provides all aspects of automation engineering, from systems design, through manufacturing, programming, implementation and training. AE designs and builds automated assembly and test systems for a wide range of applications on a world-wide basis.
The Principals of True North, acting in the capacity of registered agents of Burch & Company, Inc. were the lead strategic and financial advisors to Automation Engineering on the sale of the business. In order to assist True North with securities related transactions, its principals are registered investment banking agents of Burch & Company, Inc, member FINRA/SiPC. Burch and True North are not affiliated entities.