Rockwell Automation Acquires Plex Systems from Francisco Partners for $2.2 Billion
San Francisco – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Francisco Partners, a global investment firm that specializes in partnering with technology businesses, in the sale of its portfolio company Plex Systems to Rockwell Automation for $2.2 billion.
Plex Systems is a leading cloud-native smart manufacturing software platform with more than 700 customers across 37 countries. Plex’s software solutions help manufacturers streamline and modernize their global operations by leveraging the power of shop-floor data to drive improved production performance.
M&A Partners Mike Kennedy and Jeffrey Wolf led the Paul Hastings team, which included associates Tiffany Jones, Elena Burns, and Alexandra Howerton.
The transaction is expected to close in Rockwell’s fiscal fourth quarter, subject to customary closing conditions and completion of regulatory review.
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