Elemica Receives Major Investment from Eurazeo

  Enquiry / contact me

New partnership helps funding expansion strategy into new markets

ELEMICA CEO John Blyzinskyj
ELEMICA CEO John Blyzinskyj

Elemica, the cloud based Digital Supply Network for the global Process Industries, announces its acquisition by Eurazeo, a leading global investment company listed in France. This new partnership with Eurazeo will support Elemica’s continued global growth and product line development, allowing the company to extend into new industry verticals with its expanding software product portfolio.   

Connecting supply chains

“Elemica is the leading provider of digital transformation solutions for the Process Manufacturers. This major new investment from Eurazeo will support our strategy of continuing to expand our reach into adjacent markets segments, while also allowing the company to broaden its product portfolio,” said Rich Katz, President of Elemica. “We will continue to invest in next-generation technologies, as we have seen how this focus ultimately benefits our clients, allowing them to quickly realize improvements to their bottom line results as they deploy our solutions.” John Blyzinskyj, CEO of Elemica added, “With Eurazeo’s partnership, we will be able to globally develop Elemica’s nearly 20-year vision of connecting the world’s leading process manufacturers to their direct material suppliers, logistics service providers, and customers. Our transatlantic operations and global ambitions make Elemica and Eurazeo very complementary partners and we look forward to executing on our growth strategy together.”  

Elemica has developed a broad set of cloud based solutions that connect, automate, anticipate, and digitally transform global supply chains. The company's products drive lasting operational excellence in their clients' world wide operations, while also giving them a competitive edge. Elemica's patented digital network connects process manufacturing enterprises with their supply chain trading partners. The company has a wide portfolio of cloud based supply chain solutions which support the critical business processes that global enterprises use every day. These business processes involve the activities around the products clients are buying, selling, moving, complying, and tracking throughout their global supply chains. Elemica is currently a portfolio company of Thoma Bravo, a leading private equity firm focused on the software and technology-enabled services sectors. Thoma Bravo acquired the company in 2016 from Elemica’s founding investors. Elemica was advised in this transaction by Aeris Partners of Boston, and also Kirkland & Ellis LLP who served as legal advisor. Eurazeo Capital is expected to complete it's acquisition of Elemica during the third quarter.
 

Posted on August 5, 2019 - (50 views)
Related articles
Universally digitized
Always working when you need it
Always Working When you Need it
handle with... CO.RA.
Which Enclosure fan for Water Treatment?
On-line Turbidity Measurement
Hannay Works Here
Intelligently Combined
Securing a Competitive Edge. Shaping the Future. Exploring Mobility.
PCNE offers you a free ticket to Hannover Messe:
Brady Inspection Timer
Wearable Camera & Thermal Imager
Modular Wireless IoT Solution
Detecting SF6 Leaks from Electrical Circuit Breakers
HD Optical Gas Imaging Camera Improves Inspection Safety
DonadonSDD Rupture Discs for Aseptic Applications
See with more sensitivity from farther away
A Compact Proximity Sensor Built to Last in the Most Extreme Environments
Redundant I/O-Link Master
TWO Neutrino™ Camera Series - Performance & SWaP+C
Brady Inspection Timer
HD Optical Gas Imaging Camera Improves Inspection Safety
Flowmeter for the Precise Detection of Media Changeover
Managing Compressed air Contamination Risks
Digitalization will be the Number 1 Trend at ADIPEC 2018
Efficient Supply and Transport of Goods
Vial and Bottle Labeller
Spiral Retaining Ring
Portable Area Lighting System 9455Z0 RALS
Pneumatic Stoppers