Hy-Tek Holdings acquires FASCOR and LCS
Hy-Tek Holdings, a portfolio company of Dunes Point Capital, 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 provider of proprietary supply chain execution software solutions. LCS is a systems integrator. Combined, the companies operate as Hy-Tek Material Handling LLC.
“Hy-Tek’s acquisitions of FASCOR and LCS broaden our offerings as the predominant player in material handling and integrated systems," said Sam Grooms, Hy-Tek Holdings CEO. "With FASCOR, Hy-Tek sits at the helm of the supply chain, delivering robust, agile, affordable execution, transportation, and inventory management software solutions. LCS, a long-standing Hy-Tek partner, expands the reach of our IS division. Committed to growth through acquisitions, Hy-Tek always is looking for best-of-breed companies to join our team.”
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
