Grant Thornton Stax Advises Ares Management and PortCo Automated Industrial Robotics on its Acquisition of Owens Design​

Grant Thornton Stax Advises Ares Management and PortCo Automated Industrial Robotics on its Acquisition of Owens Design​

August 18, 2025
August 18, 2025

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Stax congratulates Ares Management and their portfolio company Automated Industrial Robotics (AIR) on its recent acquisition of Owens Design, a leading industrial automation company with deep experience developing custom solutions for customers in high-tech industries. We are proud to have supported Ares Management and AIR with our investment advisory services in this successful transaction.​

Owens Design, founded in 1983 and based in Silicon Valley, specializes in custom automation solutions that help companies accelerate production, reduce risk, and bring products to market faster. Partnering with OEMs and manufacturers from startups to Fortune 500 firms, the company has delivered over 3,000 bespoke tools across industries including semiconductors, medical devices, renewable energy, data storage, and emerging technologies. Supported by a team of 100 experts and a 60,000-square-foot facility, Owens Design is recognized for its engineering excellence, turnkey design-to-manufacturing services, and proven track record in tackling highly complex automation projects.​

Contact the Stax team to learn more:

Ares logo
Ares logo
AIR logo
AIR logo
Owens Design logo
Owen Design logo
Ares logo
AIR logo
Owens Design
Joel Slater

Joel Slater

Managing Director

About Stax

Stax is a global management consulting firm serving corporate and private equity clients across a broad range of industries including software/technology, industrials, business and information services, healthcare and HCIT, consumer, and tradeshows and events. 

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