Coblentz Counsels HKI Systems and Service, LLC in Acquisition of Assets of the Systems Group
Paul Tauber represented HKI Systems and Service, LLC (“HKI”) in the purchase of the assets of the Systems Group of PACECO Corp. HKI manufactures and supports electronic and software products in the port, rail, shipping, and industrial environments. Utilizing the latest technology, HKI offers unique custom solutions for improving processes and information management in terminal and rail yard operations. Many of the HKI systems are cloud-based, and utilize cameras and analog and digital sensors connected via wireless networks to allow for streamlined solutions to increase productivity and scalability of business processes. Financial terms of the acquisition were not disclosed.