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Hy-Tek Material Handling company logo
Corporation
BUSINESS PRODUCTS & SERVICES | Packaging
hy-tek.com

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Partners & Customers

2

Service Providers

1

About Hy-Tek Material Handling

Hy-Tek Material Handling is a provider of material handling and systems solutions for an extensive range of industries, including manufacturing, distri­bution, retail, construction, food, electronics, and automotive.

Hy-Tek Material Handling Headquarter Location

2222 Rickenbacker Street

Columbus, Ohio, 43217,

United States

614-497-2500

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Hy-Tek Material Handling Web Traffic

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Latest Hy-Tek Material Handling News

Hy-Tek Holdings Acquires FASCOR and LCS The companies operate as Hy-Tek Material Handling, LLC.

Mar 28, 2022

Read full article ·2 min read COLUMBUS, Ohio, March 28, 2022 /PRNewswire/ -- Hy-Tek Holdings (Hy-Tek), a portfolio company of Dunes Point Capital, LP (DPC), has acquired FASCOR and LCS. Hy-Tek is a material handling automation integrator serving clients in diverse end-markets and applications, including ecommerce, third-party logistics, and parcel. FASCOR is a leading provider of proprietary supply chain execution software solutions. LCS is a systems integrator. The acquisitions were announced by Hy-Tek Holdings CEO Sam Grooms. "Hy-Tek's acquisitions of FASCOR and LCS broaden our offerings as the predominant player in material handling and integrated systems (IS). With FASCOR, Hy-Tek helms the supply chain, delivering robust, agile, affordable execution, transportation, and inventory management software solutions. LCS, a long-standing Hy-Tek partner, expands our IS reach. Committed to growth, Hy-Tek always is looking for best-of-breed companies to join us," said Grooms. About DPC DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion. For more, visit www.dunespointcapital.com . About FASCOR Cincinnati-based FASCOR, a leading provider of proprietary supply chain execution software solutions including warehouse and transportation management systems , employs 20. www.fascor.com . About LCS Located in St. Henry, OH, LCS' 40 employees provide distribution and manufacturing facilities with integrated warehouse systems. dan@lcsincorporated.com . About Hy-Tek Headquartered in Columbus, OH, Hy-Tek is a material handling automation integrator serving clients in diverse end- markets and applications, including ecommerce, third-party logistics, and parcel. Hy-Tek was established as a combination of Hy-Tek Material Handling and WorldSource and has since acquired BP Controls, AHS, FASCOR, and LCS. Together, they operate as Hy-Tek Material Handling, LLC. Hy-Tek is the premier single-source provider of material handling solutions for a wide range of industries including manufacturing, distribution, retail, construction, food, electronics, automotive. Since 1963, Hy-Tek and its best-in-class industry partners—including manufacturers of industrial equipment; conveyor systems; automated storage and retrieval systems; rack and shelving—have provided customers large and small with turnkey solutions. From customized one-of-a-kind handling and storage systems to pre-assembled buildings and off-the-shelf products—Hy-Tek's experienced team of engineering, sales, operations, and project management professionals partner with customers to help enhance productivity, streamline processes, and boost profitability. With over 500 employees, Hy-Tek serves customers in the United States, Canada, and Mexico from offices in Georgia, Illinois, Kentucky, New Jersey, Ohio, Pennsylvania, Tennessee. Story continues

Hy-Tek Material Handling Acquisitions

8 Acquisitions

Hy-Tek Material Handling acquired 8 companies. Their latest acquisition was FASCOR on March 28, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/28/2022

$99M

Acquired

2

3/28/2022

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$99M

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10

12/21/2021

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$99M

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10

6/24/2021

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$99M

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10

3/10/2016

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$99M

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10

Date

3/28/2022

3/28/2022

12/21/2021

6/24/2021

3/10/2016

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

2

10

10

10

10

Hy-Tek Material Handling Partners & Customers

2 Partners and customers

Hy-Tek Material Handling has 2 strategic partners and customers. Hy-Tek Material Handling recently partnered with Kindred Systems on July 7, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

7/1/2021

Licensor

United States

SAN FRANCISCO and COLUMBUS, OH. Kindred and Hy-Tek Partner to Expand Retail and E-Commerce Order Fulfillment Capabilities - Hy-Tek Material Handling, LLC

Kindred and Hy-Tek Material Handling , LLC will partner to integrate Kindred 's SORT robotic systems with Hy-Tek 's material handling solutions to automate retail and e-commerce order fulfillment operations fully .

1

12/19/2018

Licensor

United States

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10

Date

7/1/2021

12/19/2018

Type

Licensor

Licensor

Business Partner

Country

United States

United States

News Snippet

SAN FRANCISCO and COLUMBUS, OH. Kindred and Hy-Tek Partner to Expand Retail and E-Commerce Order Fulfillment Capabilities - Hy-Tek Material Handling, LLC

Kindred and Hy-Tek Material Handling , LLC will partner to integrate Kindred 's SORT robotic systems with Hy-Tek 's material handling solutions to automate retail and e-commerce order fulfillment operations fully .

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Sources

1

10

Hy-Tek Material Handling Service Providers

1 Service Provider

Hy-Tek Material Handling has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acq - Fin

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acq - Fin

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Hy-Tek Material Handling Team

1 Team Member

Hy-Tek Material Handling has 1 team member, including current Chief Financial Officer, James DiSanto.

Name

Work History

Title

Status

James DiSanto

Chief Financial Officer

Current

Name

James DiSanto

Work History

Title

Chief Financial Officer

Status

Current

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