Tuesday, January 9, 2024

Angeles Equity Partners Takes Board Seat At Robotics Firm

Los Angeles-based private equity investor Angeles Equity Partners says it has taken a seat at industrial robot manufacturer RoBEX. According to the firm, Craig Ulrich has joined the board of the integrator of industrial robots. Angeles Equity Partners acquired RoBEX in March of 2022. Ulrich was most recently CEO of JR Automation, a company developing automated manufacturing and robotic technology; Ulrich also was an executive at Esys Automation, before it was acquired by JR Automation, in addition to serving at Amazon and General Motors.