IT8

OVERVIEW

IT8 offers PLC and robot programming, mechanical, and electrical engineering services, as well as installation and site services, across both European and American markets. Founded in 2004, the Company provides line automation engineering services for the automotive and intra-logistics industries with a core focus on Body in White (BIW) welding lines serving OEMs both directly and in partnerships with automation or system integration players.

Investment date
March 2024
EXIT DATE
Current
Fund
Fund II/Mobility
Opportunity Fund
Sector
Engineering Services
Headquarters
Valencia, Spain
Footprint
5 Facilities across 5 countries*
END MARKETS
Automotive & Warehouse Automation
*Figure shown at acquisition

MiddleGround Investment Team

JOHN STEWART

Managing Partner, Chief Investment Officer

ALEX VAN DER HAVE

Head of Europe

ROLAND VELDHUIJZEN VAN ZANTEN

Director, Transaction

CHRISTIAN KELLNER

Vice President, Operations