Share Price

AutoStore

AutoStore is a software and robotics company providing automation technology to warehouse & distribution facilities around the world

  • Overview
  • Overview
  • Investment DateJuly 2019
  • Lead InvestorTHL
  • RegionUnited States
  • SectorIndustrials
  • Percent of Fair Value5.2%
  • Key ThemeLong-Term Secular Growth
  • Visit WebsiteAutoStore
$76.0m
Value of Investment
Leading provider of automation technology
Company Description

Investment Thesis

  • Secular industry growth driven by megatrends – Robotics / Automation / eCommerce / Urbanization
  • Winning customer value proposition with attractive financial characteristics
  • Embedded growth options through new system launches and after market services

 

Investment Overview

 

AutoStore is an automated robotic storage and retrieval system equipment and software manufacturer for the warehouse & distribution end-market. The Company has developed proprietary software and robotics technology for collection of warehouse-stored goods, providing significant improvements in warehouse capacity and packing / picking performance.

The Company has a strong competitive position in the warehouse automation market. AutoStore’s technology (cubic) is relatively new vs. other types (shuttle / mini-load) and there is less knowledge accumulated in the market—as one of the leaders in the space, the Company has an advantage through their patents and developed know-how.

In March 2021, Softbank acquired 40% of AutoStore at a valuation of $7.7bn, describing the asset as a ‘foundational technology that enables rapid and cost-effective logistics for companies across the globe’.

 

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