Banneker Partners’ portfolio company Eyelit Technologies – a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS) and Factory Automation solutions – announced it has acquired Optessa to enhance its manufacturing optimization capabilities.
This acquisition will allow Eyelit to address the manufacturing industry’s critical need for closed-loop planning and execution across factory floors, including those in automotive, aerospace, medical device, and semiconductor manufacturing.
With this acquisition, Banneker strengthens its position as a PE firm driving software investments making business impacts across various industries. And as a result, the capabilities within manufacturing execution and automation are enhanced.
Banneker’s expanding portfolio places the firm at the center of technological innovation – funding customers across other industries such as agriculture, government, healthcare, and supply chain.
KEY QUOTES:
“Banneker Partners focuses on creating high-performing technology companies with sustained market share leadership, noteworthy innovation, and a strong commitment to customer satisfaction. We are energized by the value creation that Eyelit Technologies is delivering to manufacturers and the Optessa acquisition will further extend the company’s category leadership.”
– Kenneth Frank, Operating Partner at Banneker Partners
“While many companies in the manufacturing technology space talk about Industry 4.0 vision, every day Eyelit Technologies actually delivers these capabilities, helping manufacturers make remarkable progress in productivity, efficiency, and quality. Smarter manufacturing is a reality for Eyelit’s customers and Optessa’s addition will amplify the gains.”
– Harjot Sachdeva, Operating Partner at Banneker Partners
