Aloi Materials Handling & Automation Completes Two Key Acquisitions

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019.

Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including aerospace, automotive and medical. As a certified Fanuc integrator with over 20 years of experience, their team has deep engineering experience, and is capable of solving the most complex manufacturing and material handling challenges. Visit their website at www.autocells.com.

Aloi acquired Mainstream, Inc. in September 2019. Mainstream provides preventative maintenance, “break-fix” service, integration and installation of large conveyor systems, primarily to the package handling and e-commerce industries. The Company has over 100 field technicians located throughout the United States, allowing them to provide 24 hours support 365 days a year. Visit their website at www.mainstream-inc.com.

The acquisitions are significant steps in Aloi’s evolution from equipment integration to full-service solutions. According Aloi’s President and CEO, Andrew Creathorn, “We are making significant progress towards our objective of being a full-service company through the acquisitions of ACE and Mainstream. Our goal is to grow our business by providing the customers of Aloi, ACE, and Mainstream with the benefits of our combined capability and our shared commitment to superior customer service. Our intention is to make the lives of our customers easier by providing innovative, custom solutions with complimentary service and maintenance throughout the equipment lifecycle.”

About Aloi Material Handling & Automation, LLC

Aloi Materials Handling & Automation, LLC is a fully-integrated provider of material handling and automation solutions, together with ongoing service and maintenance. Aloi combines vast vendor relationships with deep engineering expertise to create solutions that optimize capacity, improve throughput and safety, and reduce labor costs. Aloi is headquartered in Rochester, NY, with offices in Buffalo, NY, Syracuse, NY, Raleigh, NC, High Point, NC, and Holyoke, MA. For more information about Aloi, visit their website at www.aloi.com.

About Wincove Private Holdings, LP

Wincove Private Holdings is an investment company that creates long-term capital appreciation for its shareholders by partnering with business owners, entrepreneurs, and management teams to build market-leading companies. With offices in Boston and New York, Wincove has a permanent capital base, staying invested in its partner companies for an unlimited time. For more information about Wincove, visit their website www.wincove.com.