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Parsec Automation Corp, a trailblazer in Manufacturing Operations Administration (MOM) software program, declares a serious recapitalization led by BVP Forge, designed to gasoline future development.
ANAHEIM, Calif. (July 18, 2023) – In the present day, Parsec Automation Corp, a trailblazer in Manufacturing Operations Administration (MOM) software program, introduced a serious recapitalization led by BVP Forge, designed to gasoline future development.
Parsec types dynamic partnerships with manufacturing entities worldwide, sparking pivotal transformations to spice up effectivity and drive their ongoing enhancement objectives. Its TrakSYS™ software program platform demystifies manufacturing operations, offering customers with heightened visibility, profound insights, and superior management—indispensable elements for fulfillment of their rapidly-evolving industrial panorama.
TrakSYS enjoys a trusted place at over 11,000 services in additional than 100 nations. It serves a wide range of sectors, from automotive and chemical to meals & beverage, life sciences, and packaged items. Amongst Parsec’s globally-esteemed prospects are {industry} heavyweights equivalent to AB InBev, Akzo Nobel, AstraZeneca, Beiersdorf, DuPont, Johnson & Johnson, and Mars. Parsec does not simply assist companies attain their objectives; it helps them redefine what’s potential, carving out a path to a extra environment friendly, productive, and sustainable future.
Within the just lately revealed Gartner® 2023 Important Capabilities for Manufacturing Execution Techniques, Parsec Automation ranked the best amongst all included MES distributors in 3 of 4 Gartner Use Instances—Steady Course of Manufacturing, Batch/Repetitive Move Manufacturing, and Extremely Regulated Industries.
Eddy Azad, founder & CEO of Parsec, shared, “TrakSYS’s unparalleled performance and consumer expertise have allowed us to disrupt legacy market merchandise. As an innovation-focused and worthwhile firm, we realized the huge potential of an alliance with BVP Forge to expedite our imaginative and prescient and improve buyer impression. The synergy of Parsec’s deep-rooted manufacturing operations administration experience with BVP Forge’s appreciable sources ignites nice pleasure for our future.”
BVP Forge will convey its enterprise constructing program, ForgeEdge™, to assist Parsec scale its platform, speed up development, and maximize buyer impression. BVP Forge will even present Parsec entry to the famend development IP, expertise community, and roadmap insights of Bessemer Enterprise Companions, which has many years of expertise scaling enterprise corporations into market leaders.
“We’re very impressed with Parsec’s distinctive expertise, buyer impression, and track-record of worthwhile development” stated Brian Cramer, BVP Forge Working Accomplice. “We see a transparent and compelling alternative to assist speed up the corporate’s success and construct on its imaginative and prescient.”
“Producers are more and more embracing digitalization, which depends on high-quality knowledge produced and synthesized on a plant ground,” stated Rob Arditi, BVP Forge Accomplice. “Parsec’s mission criticality and core worth proposition are evidenced by the corporate’s excessive buyer satisfaction, sturdy retention, and superior product platform. We’re thrilled to accomplice with the Parsec staff and assist the corporate attain its imaginative and prescient.”
About Parsec Automation
Parsec is the developer of TrakSYS, a confirmed operations administration software program utility and answer platform designed to considerably enhance manufacturing processes. Parsec is dedicated to offering best-in-class merchandise and options to our worldwide group of shoppers to help them in optimizing their manufacturing operations. There are millions of TrakSYS plantsaround the globe in all kinds of Industries. TrakSYS helps producers maximize asset utilization and effectivity, improve capability with no new capital tools, cut back manufacturing prices, lower lead time, and enhance profitability. For extra details about Parsec and TrakSYS, please go to the company web site at https://parsec-corp.com.
About BVP Forge
BVP Forge is the distinctive mixture of a personal fairness agency for growth-oriented, self-sustaining software-enabled companies paired with entry to the Bessemer Enterprise Companions’ world enterprise capital platform. BVP Forge combines Bessemer’s’ front-line {industry} insights, confirmed development IP, and strong government community with tailor-made sources for self-sustaining corporations and the ForgeEdge™ operational program. Mission-driven groups achieve an ally who values their experience, respects their legacy, and helps them to construct a successful tradition and enterprise that withstands the check of time. BVP Forge invests from a $780M fund in partnership with the $20B Bessemer platform that has backed industry-defining companies equivalent to LinkedIn, MindBody, PagerDuty, Procore, ServiceTitan, Shopify, Toast, and Twilio. For extra details about BVP Forge, please go to https://www.bvp.com/forge.
Parsec Media Contact
parsecpr@matternow.com
BVP Forge Media Contact
pr@bvp.com
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