Machina Automation, a Texas-based process automation pioneer, has merged with Ashling Partners, a worldwide intelligent process automation consulting firm promoting efficiency and business process improvements through automation. A growth capital investment from the Thomas H. Lee Partners aided the transaction (THL).
FREMONT, CA: Machina Automation has announced its merger with Ashling Partners, a national leading and worldwide known intelligent process automation consulting organization. On August 25, 2021, Machina, an Ashling Partners Company, a Texas-based process automation technology pioneer in the energy business, officially became a part of Ashling Partners.
"It was an obvious decision for us to join the Ashling team," said Machina CEO Doug Wendler. "Our shared vision of becoming the global leader in the hyperautomation market with UiPath at the center, a set of common core values, and complementary industry and geographical footprints provide a valuable leap forward for our customers, our people, and our company. We are excited about the future for the combined organization."
With the help of cutting-edge technologies like robotic process automation (RPA), machine learning (ML), artificial intelligence (AI), natural language processing (NLP), and process intelligence, both companies will be able to expand their efforts worldwide to penetrate the intelligent automation ecosystem.
As an industry leader in creating and scaling automation initiatives globally, Ashling Partners has acquired expertise across several industries, including manufacturing, healthcare and distribution, insurance, finance, consumer products, and real estate. In addition, Ashling Partners may benefit from Machina's excellent reputation in the energy market, as well as its experience in healthcare, manufacturing, and distribution, and financial services.
Josh Bresler, Managing Director at Thomas H. Lee (THL), and Kearney Shanahan, Director at THL, commented, "With this merger, Ashling Partners becomes the largest intelligence automation services business in the United States. We are excited to support Ashling in this and future M&A opportunities as we look to execute on the team's vision of building the leading global platform within the Intelligent Automation industry."
Ashling was advised by McGuireWoods and PwC, while MayerBrown advised Machina Automation.