Auto-Graphics Inc. sold to Soutron Global for $12 million
- Auto-Graphics Inc. was acquired by Soutron Global for $12.0 million with considerable proceeds paid upfront.
- The acquisition marks a pivotal transition for the 75-year-old company, led by Paul Cope, who has been in the industry for over 51 years.
- The merger aims to enhance innovation in library management solutions and ensure continued support for resource sharing needs.
In Fontana, California, on March 31, 2025, Auto-Graphics Inc., a company known for innovating interlibrary loan software systems, announced its acquisition by Soutron Global. The deal, valued at $12.0 million, includes $10.4 million disbursed upon closing and $1.6 million held in reserve for potential payments in 18 months. Auto-Graphics is recognized as a pioneer in cloud-based library resource sharing solutions, and the acquisition is expected to leverage Soutron Global's resources and expertise. This partnership aims to enhance service delivery and innovation in library management, benefiting clients who rely on Auto-Graphics’ robust library systems. Paul Cope, the President of Auto-Graphics, expressed enthusiasm about the acquisition, stating it is the right time for a transition after over five decades with the company, which he described as a family legacy. Cope highlighted the importance of continuing support for libraries in resource sharing amidst the changing landscape of information management. He assured stakeholders that the spirit of Auto-Graphics would carry on and build on its history of excellence. Soutron Global's President and CEO, Tony Saadat, described the acquisition as a perfect alignment between both companies' missions. He praised Auto-Graphics’ legacy of innovation in library automation. Saadat emphasized the improved capabilities that will be achieved through collaboration and indicated that the company is positioned to drive even greater value for clients with the backing of investment partners Bloom Equity Partners and Atlasview Equity Partners. Legal counsel for the transaction was provided by two law firms that represent the interests of both parties involved. The acquisition reflects ongoing trends in the technology sector toward consolidation, particularly among organizations focused on delivering sophisticated information management solutions. The merger is not only a strategic move for growth but also aims to honor the legacy established by Auto-Graphics while introducing new ideas into the business model. As library systems evolve to meet the needs of modern users, the partnership between Auto-Graphics and Soutron Global is expected to offer enhanced services and innovative solutions, ultimately securing their positions as leaders in the library management space.