Global Sourcing Spotlight: How Global Sourcing Drives Innovation
One World, One Industry: IPC APEX EXPO 2025 Marks a Special Anniversary Year
Nolan’s Notes: Your Golden Ticket
EPIC Systems Partners with Key Investors
July 27, 2018 | PRNewswireEstimated reading time: 1 minute
EPIC Systems is proud to announce a partnership with key investors to create a new corporation, registered as EPIC Systems Group. The agreement was led by Compass Group Equity Partners, a private equity firm based in St. Louis, Missouri.
The acquisition injects growth and new expertise into EPIC's core business groups. John Schott will continue in his leadership role as president and retain an ownership position in the company. All employees and members of EPIC's executive leadership team remain intact.
"We are excited about the opportunity to build on what has been established and add a platform business to our investment portfolio," said John Huhn, Compass Group managing partner. "EPIC brings the industry expertise, the management team and the foundation for the platform of something very big and something that can grow over time."
"We look forward to joining Compass Group, which will expand our capabilities and industry footprint," said Schott. "Our team provides practical design/build solutions, built on years of plant and project management experience. Adding Compass Group will allow us to add talent and infrastructure, to grow more quickly and continue to be the market leader in the process engineering space. We will be able to stay on the forefront of industry advancements and practical engineered systems."
"The most valuable and important asset of a company is its people and John (Schott) has assembled a great organization and a great group. People are what we are interested in investing in," said Bill Morgan, Compass Group operating partner.
About Compass Group Equity Partners
Founded in 2001, Compass Group is a St. Louis-based private equity firm with a record of success in acquiring and building lower-middle market companies. Compass Group's investors are comprised of family offices and the principals of Compass Group. By leveraging the expertise of these individuals, in addition to capital, Compass Group provides hands-on support and resources to aid management teams in exceeding historical performance and accelerating growth.
About EPIC Systems
EPIC Systems Group is an experienced multi-discipline process engineering company, industrial automation engineering and fabrication firm. They build high-quality equipment and systems using proven engineering that makes EPIC and their clients proud. EPIC provides turnkey solutions for modular process systems, pilot plants, distillation systems, integrated packaging and assembly lines, industrial automation engineering and machine vision system integration. EPIC Systems is located in St. Louis, Missouri, USA. For more information on about EPIC, click here.
Share on:
Suggested Items
Intel Appoints Lip-Bu Tan as Chief Executive Officer
03/13/2025 | Intel CorporationIntel Corporation announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer, effective March 18.
IMAPS and DPC: 21 Years of Elevating Technical Knowledge
03/13/2025 | Marcy LaRont, I-Connect007The IMAPS 21st Device Packaging Conference (DPC) may have taken place at a conference center located down an idyllic desert road showcasing the best of what native Arizona has to offer, but the topics at this conference were anything but laid-back. This important platform for professionals in microelectronics and advanced packaging set the stage for a technology in high demand. Brian Schieman, IMAPS executive director, says the show was organized to demonstrate their commitment to addressing current technological trends and with significant energy directed toward fostering connections within the supply chain.
KYZEN Announces the Retirement of Longtime Executive Vice President Tom Forsythe
03/13/2025 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, announces the retirement of Tom Forsythe, Executive Vice President, effective December 31, 2024, after more than three decades of service to the company and the electronics manufacturing industry.
Technica USA Celebrates 40 Years of Excellence in Electronics Manufacturing
03/13/2025 | Technica USATechnica USA, a leading provider of materials, equipment, installation, and services for the printed circuit board (PCB) fabrication, PCB Assembly, substrates, MEMS, and semiconductor industries, proudly announces its 40th anniversary in 2025.
IPC Asia’s Talent Development Program Opens Pathways to a More Qualified Workforce
03/14/2025 | Evelyn Cui, IPC AsiaIn Asia, the contradiction between the rapid development of the electronics manufacturing industry and the shortage of talent is particularly evident. The existing talent pool cannot fully meet the market's demand for highly skilled professionals. According to feedback from industry companies, there is an urgent need for professionals with knowledge of IPC standards and practical skills in electronics. However, the reality is that most academic courses are disconnected from the actual needs of the industry, leading to disappointing results when companies recruit from universities and schools.