On August 27, 2021, JMP Solutions (“JMP”) closed a majority investment from Crestview Partners, a leading private equity firm. JMP is the first step in Crestview’s strategy to invest $200 million of equity to build a market leading global automation solutions provider targeting the global $500+ billion market, with a particular focus on the $70 billion global systems integration and connectivity segments, delivering fully automated solutions to customers. Financial terms of the transaction were not disclosed.
Headquartered in London, Ontario and with additional operations throughout the U.S. and Canada, JMP is an automation systems integrator and automation services provider offering solutions to diverse industrial and consumer end markets.
Miller Thomson advised JMP on the transaction with a team including Eric Schneider, Michael Caruso, Matt Innes and Sara Josselyn (Corporate/M&A); Ray Adlington, Sarah Langille and Ron Choudhury (Tax); Aaron Atcheson (Environmental); Andy Roth (Real Estate); David Schnurr (IP); Eric Dufour (Competition); David Tsai (Employment); Melissa Tummon (Financial Services); and David Krebs (Cybersecurity).