UndisclosedPrivate equity buyoutIndustrials & ManufacturingCompleted
Falfurrias combines IDS and RED Group into industrial automation platform
Falfurrias Management Partners has made growth investments in control systems integrator Industrial Design Solutions and OT engineering services provider RED Group, combining them as the foundation of a new industrial automation platform. RED Group CEO Carl Fangue will lead the combined business, which serves data centers, utilities, water, energy, maritime, chemicals and manufacturing. Terms were not disclosed.
Why it matters: Falfurrias is betting on demand driven by data center construction, manufacturing reshoring, industrial AI and a shortage of skilled technical labor.
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