Motion Controls Robotics, Inc. (MCRI) has secured funding from Signature Bank NA to support its strategic growth and pursue acquisitions in key Eastern U.S. markets.
Motion Controls Robotics, Inc., a leader in robotic automation solutions, is pleased to announce secured funding from Signature Bank NA, based in Toledo, Ohio. This funding marks a significant step in MCRI’s growth strategy, aimed at expanding its capabilities and offering more advanced automation solutions for businesses in key industries.
With this funding, MCRI is actively pursuing acquisition opportunities with automation integrators, custom machine builders, or controls engineering companies in the Eastern U.S., particularly around the Philadelphia, PA, and Charlotte, NC areas. These companies specialize in packaging or material handling and have revenues up to $10M. MCRI’s goal is to integrate complementary expertise, broaden its service offerings, and create added value for customers looking to enhance their production efficiency.
“We are committed to partnering with businesses that share our values and passion for innovation and quality,” said Scott Lang, CEO and sole owner of MCRI. “This funding allows us to grow strategically while forming partnerships that extend beyond acquisitions — together, we can create lasting value and success.”
Josh Schuyler, Sr. VP of Client Development at Signature Bank NA, commented, “We’re proud to support MCRI in their acquisition strategy. Their impressive growth over the past seven years and their leadership in the robotic automation sector align with our commitment to fostering long-term success. MCRI’s position as a privately held company, without private equity backing, allows them to focus on sustainable, long-term growth. This approach makes them an ideal partner for companies seeking both stability and expansion.”
Businesses interested in exploring acquisition or partnership opportunities with MCRI are encouraged to reach out.
The post Motion Controls Robotics Secures Funding for Strategic Acquisitions first appeared on AI-Tech Park.
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