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July 10, 2026

Michael Magruder quoted in, “Manufacturing tech sees rising capital investment,” Axios PRO

BGL Managing Director Michael Magruder, who co-leads the firm’s Industrial & Manufacturing Software investment banking practice, is quoted in an Axios Pro article entitled, “Manufacturing tech sees rising capital investment.”

In the article, Michael shares why manufacturing tech investment is surging as AI startups automate production and the industry rebounds. The trend reflects a broader shift as AI reshapes how manufacturers use technology and investors evaluate software businesses.  Capital is rapidly flowing to platforms with deep domain expertise, proprietary data and modern architecture.

BGL’s Industrial & Manufacturing Software investment banking team has a 20-year track record of advising companies focused on software applications used by manufacturers and other asset-intensive industries to optimize the performance of plants, equipment, and other production resources.

Read the full article on the Axios Pro website (subscription required).