Permira

As the cloud, mobility and the Internet of Things redefine how industries work, Intelligrated and Honeywell S&PS are poised to take a leading role in the era of omnichannel retail and e-commerce.

Sale follows period of significant growth.

Big acquisitions, a precarious economy and some new players change the landscape heading into 2013.

Intelligrated, a leading North American-based provider of automated material handling solutions, services and products, announced that its acquisition by a holding company owned by the Permira funds has been successfully completed, in a transaction at a valuation in excess of $500 million.

Cole says new backing will fund the expansion of services and markets