Diploma Plc, a British-based provider of technical products and services, has acquired Tennessee Industrial Electronics, a refurbished parts and repair services company focused on computer numerical control systems and robotics, from Summit Park.

Headquartered in LaVergne, Tenn. and founded in 1992, TIE initially focused on the refurbishment of controls, motors and drives for CNC systems and has grown to offer aftermarket support for CNC automation across North America. Through a series of acquisitions during Summit Park’s ownership, the company expanded its geographic footprint and capabilities into industrial automation parts, repair and robotics.