As part of the acquisition, Robin Autopilot will launch a newly expanded partnership with Husqvarna Group, a major investor in Mowbot and a current equity partner of Robin.
Following the transaction, Mowbot will become known as "Mowbot Powered by Robin" and will move its headquarters from Durham, North Carolina to the Dallas-Fort Worth Metroplex where Robin is looking to expand its U.S. headquarters. The business will be managed by Robin Holdings, led by CEO Logan Fahey.
Mowbot's operators will gain full access to all of Robin's key offerings, including:
- A proprietary software package of fleet management, surveyor and customer acquisition tools.
- Patented products such as Robin's robotic door system for navigating around fences and tight spots.
- Robin Academy, training, and e-learning services.
The acquisition continues Robin's rapid expansion as it strengthens its leadership position in robotics as a service (RaaS) for the U.S. lawn care industry. In December 2020, Robin entered a similar arrangement with Weed Man USA to introduce the benefits of robotic mowing to a growing portion of the North American lawn maintenance and landscaping market.
"Husqvarna is a pioneer in the robotic mowing industry, and we are pleased to partner with them even more directly as we work together to change how North America mows," Fahey said. "Adding Mowbot's experienced operators to the Robin platform will further our goal to expand our presence as a leader in disruptive RaaS technology for the lawn care industry. Robin's innovative platform coupled with Husqvarna's global leadership in robotics will provide leading-edge RaaS solutions for landscapers and industry professionals throughout the sector."
"We believe robotic technology will play a rapidly growing role in the future of lawn care," said Robert McCutcheon, President of Husqvarna North America. "We consider this an outstanding opportunity to partner with Robin, the leader in the RaaS market for the U.S., to expand our presence in this expanding market."