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Entegreat secures significant investment for future growth

Posted by Mark Strobel

Mar 5, 2013 9:00:00 AM

Entegreat announces it has received a substantial investment from Fidelis Capital and Bonaventure Capital. The transaction, closed on January 31, is a validation of Entegreat’s strategy and vision to enable industrial companies to optimize today’s production performance without sacrificing tomorrow’s resources.“Bonaventure invests in companies with a leadership vision, clear strategic direction, and a strong management team that can execute,” said Steve Dauphin, Managing Partner, Bonaventure Capital. “The combination of Entegreat’s 12 year experience in high level consulting in Manufacturing Information Systems, and their direction for the Entegreat enCONTEXTTM cloud platform for online Energy and Water Management gives us strong confidence in their future and potential for growth.”

“We are pleased to add Bonaventure and Fidelis to the financial team betting on Entegreat’s success,” stated Philip Hodges, Chairman, Entegreat and Managing Partner, Redmont Venture Partners. “Exactly one year prior to closing this investment Tom Emmrich joined Entegreat as President and CEO, bringing 28 years of technology management experience from Dassault Systèmes and IBM. His history of building high performance leadership teams, operational excellence, strategic partnerships and customer service has been instrumental in positioning Entegreat for future growth and success. This new investment is a strong vote of confidence in his strategy and direction for the Company as we expand to be a market leader in Energy Management and increasingly capitalize on our deep industry knowledge in Manufacturing Systems.”

“We feel that Tom Emmrich has assembled a world class leadership team, joining the significant expertise already present within Entegreat, many of whom have decades of experience of delivering customer value”, stated John Stein, Managing Partner, Fidelis Capital. “The ability to leverage a compelling cross-industry customer base with both services solutions and new online subscription offerings is an attractive potential for future growth.”
“We are very pleased that Fidelis and Bonaventure chose to make this key investment in Entegreat, and are excited about their participation in our growth, both financially and strategically. This investment will help to provide the growth capital to launch enCONTEXTTM, our cloud based Energy and Water Management Platform,” said Tom Emmrich, President and CEO. “This new offering is targeted to customers who are looking for a rapid time-to-value in energy analytics and optimization, and to instrument corporate programs around ISO 50001 and other emerging compliance standards. We also will be continuing to strengthen our consulting services offerings around manufacturing systems and performance optimization.”

Follow this link for the full press release http://www.prweb.com/releases/2013/3/prweb10502088.htm

Topics: Entegreat News

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Entegreat can help you transform your manufacturing data into something that makes a difference.  We believe in Practical Sustainability: you can optimize today’s production performance without sacrificing tomorrow's resources.  Follow us on our blog and see what else we believe in, and be sure to share your feedback with us.

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