Innovative Motion Technologies (IMT), an industrial technology platform providing interface and controls solutions and parent company of Raffel Systems and Micro-Air, announced it has acquired Check Technology, maker of flexible heating systems. The acquisition enhances IMT’s strategic position in the healthcare, agriculture and off-road vehicle markets, the company said in a release Monday.
Founded in 1993 and headquartered in Troy, Michigan, Check Technology designs, manufactures and markets heating and control systems tailored to meet the needs of seating and other applications across a multitude of industries.
This acquisition marks a significant step for IMT, positioning it as a leader in the healthcare heating controls market. It also expands the company’s footprint into the agricultural and off-road sectors. The addition of Check within the IMT platform will allow for a broader product offering for Check customers, complementing Check’s product portfolio. Integrating Check Technology’s operations into the IMT platform will also provide enhanced engineering, supply chain and sales capabilities.
“The acquisition of Check Technology aligns perfectly with our strategic goals to diversify our end markets and strengthen our leadership in healthcare, agriculture and off-road heating controls,” said Rich Weeden, CEO of IMT. “This is not just an acquisition, but a partnership with the existing Check management team who shares our vision for product innovation, enhanced product and service offerings, and an overall expansion of Check’s market reach.”
Mark Woods, a partner at Cathay Capital, the majority shareholder of IMT, said, “We are excited to bring Check Technology into the IMT family. This acquisition aligns with our strategy, focusing on attractive, growing end markets while leveraging the considerable management and operating resources at IMT. The enhanced capabilities and extended market reach present significant growth opportunities for Check Technology under the IMT umbrella.”
Check Technology products will continue to be designed and manufactured at the company’s Troy, Michigan, facility. The company will also continue to operate and market products under its brand name.
