This investment aims to accelerate the company’s innovation and global expansion within the packaging industry.
USA – Amtech Software, an enterprise software solutions provider for the packaging industry, has announced a strategic growth investment from Vista Equity Partners (VEP), a global technology investor that specializes in enterprise software.
This investment aims to accelerate the company’s innovation and global expansion within the packaging industry.
The investment will facilitate advancements in Amtech’s enterprise resource planning (ERP), manufacturing execution systems (MES), and automation solutions.
This aligns with the company’s mission to transform the global packaging industry digitally.
Amtech Software CEO Chuck Schneider remarked, “Amtech is on a mission to modernize the packaging industry through software innovation, automation, and connected workflows.”
“With Vista’s partnership and deep experience in scaling software businesses, we’ll be able to advance our product roadmap, invest in our people and new innovative solutions and deliver even greater impact to our customers.”
Amtech’s software platform allows packaging manufacturers to manage and automate essential operations.
These essential operations include order entry, production planning, inventory management, equipment maintenance and real-time performance analytics.
Amtech’s platform is designed exclusively for packaging manufacturers in the corrugated, folding carton, flexible packaging, and label markets to enhance plant-wide efficiency.
Additionally, it also aims to reduce waste and improve visibility in operations for manufacturers.
According to the company, it plans to accelerate improvements to its cloud-based platform with the support of VEP.
The support will help packaging manufacturers unlock new levels of agility and productivity by integrating their ERP and MES systems more deeply, alongside leveraging AI and machine learning capabilities.
Vista Foundation Fund co-head and senior managing director Patrick Severson said, “Amtech delivers mission-critical software that supports every stage of the packaging production lifecycle, empowering manufacturers to operate with precision, speed and scale.”
“As the industry faces rising complexity and increasing customer expectations, we believe Amtech is uniquely positioned to help manufacturers work smarter and adapt faster.”
“We’re excited to partner with the Amtech team to accelerate growth, product innovation and impact for customers worldwide.”
The financial terms of the transaction were not disclosed.
Subscribe to our email newsletters that provide busy executives like you with the latest news insights and trends from Africa and the World. SUBSCRIBE HERE
Be the first to leave a comment