Briarcliff Manor, New York – Saw Mill Capital Partners II, LP and affiliated private equity investment funds managed by Saw Mill Capital LLC (“Saw Mill”), together with the management of AutomationSolutions, Inc. (“iAutomation”), announced today the acquisition of iAutomation, a value-added designer and distributor of highly-engineered automation products, solutions and services for manufacturers of technologically advanced automated equipment. The terms of the transaction have not been disclosed. This is the second investment in Saw Mill’s most recent private equity fund.

Charles Williams, CEO of iAutomation, commented, “I am excited to announce our new partnership with Saw Mill Capital.  Their focus on growth and their comprehensive industry research will provide us a solid foundation for continued growth and expansion in North America, both organically and through acquisition.”

Tim Nelson, a Partner at Saw Mill Capital, said, “Led by industry veteran Charles Williams, the management team has assembled a leading platform of engineers who provide high-touch design, consulting, field-support and distribution services to leading equipment builders in North America.  iAutomation positions customers with distinct and scalable product advantages by leveraging its deep line card of the most technologically advanced automation suppliers in the world.  We look forward to our new partnership and to continuing the growth of this team.”