ONDEX Automation Announces Acquisition of NeoMatrix

CHICAGO--(BUSINESS WIRE)--ONDEX Automation is pleased to announce that it has completed the acquisition of NeoMatrix, a leading software-focused factory automation system integrator. This acquisition further expands ONDEX Automation’s capabilities into SCADA, MES and digital transformation solutions.

Founded in 2003 with offices in Andover, MA, Portsmouth, NH and Colorado Springs, CO, NeoMatrix helps manufacturers design, implement and sustain plant automation systems, digital transformation strategies and MES solutions that improve operations and reduce costs. NeoMatrix has cultivated deep customer relationships across various sectors, including pharmaceuticals, life sciences, semiconductors, and food & beverage. As recognition of its expertise in delivering innovative and successful industrial automation projects, NeoMatrix was recently awarded a 2024 Ignition Firebrand Award from Inductive Automation.

ONDEX Automation’s Chief Executive Officer, Justin Kerr, commented, "We are thrilled to collaborate with the exceptional NeoMatrix team, whose expertise significantly enhances our capabilities across the automation tech stack. This strategic partnership empowers us to better address the evolving digital transformation needs of our current and future customers."

NeoMatrix Co-Founder and President, Danny Haskell, added, "The partnership with ONDEX presents an exceptional opportunity to expand our service offerings, including UL508A-certified panels, electrical installation services, and a comprehensive range of automation equipment. This collaboration not only enables us to better serve our existing and prospective customers but also allows us to extend our service offerings to ONDEX's existing customer base. Furthermore, the partnership creates exciting career development opportunities for our employees, fostering growth and innovation across our organization."

To learn more about partnerships with ONDEX Automation, please visit www.ondex.ai or contact Mason Zuniga at [e-mail].

About ONDEX Automation

ONDEX Automation is a Chicago-based discrete and process automation systems integrator dedicated to empowering North American manufacturers with innovative automation solutions to enhance quality, improve productivity, and build resilient operations. ONDEX is actively pursuing additional opportunities to partner with discrete and process automation system integrators who bring a diverse range of capabilities, experienced engineering talent, and a shared commitment to innovation and excellence. For more information, please visit: www.ondex.ai.

About Shore Capital Partners

Shore Capital, a Chicago-based private equity firm with offices in Nashville, is an investor in lower middle market companies in the Healthcare, Food and Beverage, Business Services, Industrial, and Real Estate industries. Shore’s strategy is to support management partners to grow faster with less risk through access to capital, world-class board and operational resources, and unmatched networking, development, and shared learnings across the portfolio. From 2020-2024, Shore received recognition from Inc Magazine as a 5x Top Founder Friendly Investor and by Pitchbook Research for leading U.S. Private Equity deal volume for the past 10 years, from 2015-2024. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant potential to grow through industry consolidation and organic growth to generate value for shareholders. Shore has approximately $12.5 billion of assets under management and in additional investment platforms to which it provides business and operational consulting services. For more information on these awards and investment platforms, please visit: www.shorecp.com.