Archive for April 2017

MATERIAL HANDLING SYSTEMS, INC. ANNOUNCES AGREEMENT WITH THOMAS H. LEE PARTNERS

LOUISVILLE, KY– April 14, 2017 – Material Handling Systems, Inc. (“MHS” or the “Company”), a leading provider of advanced parcel sortation systems engineering and equipment, announced today that it has entered into an agreement to recapitalize in partnership with Thomas H. Lee Partners, L.P. (“THL”), making THL the majority owner of MHS. Terms of the…

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