Advantive’s industry-specific device answers streamline advanced production and distribution processes, optimize operations visibility and throughput, and power stepped forward high quality, profitability, and earnings expansion
BOSTON & TAMPA, Fla., June 28, 2022–(BUSINESS WIRE)–TA, a number one international expansion non-public fairness company with greater than 4 a long time of endeavor device making an investment enjoy, in partnership with ST6, an elite workforce of device working executives, has shaped a world device supplier known as Advantive. The brand new corporate provides Undertaking Useful resource Making plans (ERP), Production Execution Techniques (MES), and Statistical Procedure Keep watch over (SPC) device answers for area of expertise producers and wholesale vendors.
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Advantive, which comes in combination in the course of the aggregate of Advantzware, DDI Gadget, Distribution One, InfinityQS, Kiwiplan and VIA, has greater than 2,500 consumers as of late throughout quite a few industries together with corrugated and packaging production, apparatus and provide wholesale vendors, and car and different area of expertise producers. Advantive might be headquartered in Tampa, Florida.
Benoit de los angeles Excursion, an achieved govt within the ERP and Provide Chain device house, has been named the CEO of Advantive. “I am delighted to sign up for Advantive as CEO, operating hand-in-hand with TA and ST6 to ship larger buyer worth,” mentioned Benoit. “Advantive was once shaped with a easy goal— to power sustainable expansion for area of expertise production and distribution firms. We’re in a singular place, along our consumers, to make an actual have an effect on. With Advantive’s packaging, ecommerce and supply answers, spanning uncooked sources to precious merchandise, we’re reworking the producing and distribution lifecycle.”
“We’re excited to spouse with Benoit and ST6 as we construct upon the power of Advantive’s constituent companies to create an total marketplace chief in ERP, MES and SPC device,” mentioned Hythem El-Nazer, a Managing Director at TA. “Advantive’s device answers modernize and optimize each and every facet of the producing and distribution lifecycle, from enhanced plant manufacturing, provide chain optimization and ecommerce, to managing high quality and compliance. Advantive is converting the way in which trade is completed, and we’re excited to strengthen the trade because it grows.”
Mark Friedman, an established, skilled device working govt and investor, is the Govt Chairman of Advantive. Friedman, lately a Managing Director at ST6, was once in the past the founder and CEO of Accruent, a number one device corporate that disrupted the multi-billion-dollar amenities control and hire management device marketplace. “Now greater than ever, our consumers want the power to hastily adapt to international provide chain demanding situations, and to realize a aggressive benefit,” mentioned Friedman. “Through combining the strengths of Advantive’s constituent firms, and turning in deep, purpose-built device, we consider we’re situated to power transformational results for our consumers.’
About Advantive
Advantive is a marketplace chief in mission-critical device for area of expertise production and distribution firms, providing purpose-built ERP, MES and SPC device answers that meet the original wishes of our consumers. Serving over 2,500 consumers and working in 8 nations, Advantive’s device answers streamline advanced processes, optimize operations visibility and throughput, and power stepped forward high quality, profitability and earnings expansion. Deeply embedded into key end-to-end workflows, Advantive’s device makes use of automation, seamless integration and real-time information to streamline plant scheduling, order control, high quality regulate, gross sales order forecasting and pricing, ecommerce and supply – making the advanced, easy.
About TA
TA is a number one international expansion non-public fairness company. Inquisitive about focused sectors inside of 5 industries – era, healthcare, monetary services and products, shopper, and trade services and products – the company invests in winning, rising firms with alternatives for sustained expansion and has invested in additional than 550 firms around the globe. Making an investment as both a majority or minority investor, TA employs a long-term manner, using its strategic sources to assist control groups construct lasting worth in prime quality expansion firms. TA has raised $47.5 billion in capital since its founding in 1968. The company’s greater than 100 funding pros are primarily based in Boston, Menlo Park, London, Mumbai and Hong Kong. Extra details about TA will also be discovered at www.ta.com.
About ST6
ST6 is an elite workforce of device working executives that spouse with non-public fairness sponsors to turn out to be device firms and boost up worth advent.
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Contacts
MEDIA:
Jeff Sindone
Teneo
[email protected]
Cell: (917) 224-7140
Maggie Benoit
TA
[email protected]
Place of work: 617-598-6685
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