In September 1999, Arcapita acquired DVT Corporation. Under Arcapita’s stewardship, DVT built up a worldwide distribution network and established a reputation for innovation and superior service, which made it an attractive acquisition target. DVT was a recognized global market leader in the machine vision systems industry and manufactured and marketed inspection devices or machine vision systems for many of the world’s most prominent manufacturers. The company was founded in Atlanta, Georgia in 1991 by a team of research scientists from the Georgia Institute of Technology (“Georgia Tech”). In May 2005, DVT Corporation was acquired by Cognex Corporation, a publicly traded company based in the United States, and a leader in the machine visions industry.

Investment Type

Private Equity

Region

United States

Exit Date

2005