EnteGreat Secures Significant Investment for Future Growth
(PR Web Via Acquire Media NewsEdge) Birmingham, AL (PRWEB) March 06, 2013
EnteGreat, a leading provider of consulting services and specialized applications to deliver operational excellence & energy and water management to Manufacturing Industries, today announced 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 enCONTEXT (TM) 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 Systemes 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 EnteGreat 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 enCONTEXT (TM), 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.”
EnteGreat delivers Operational Excellence & Energy and Water Management to Manufacturing Industries, through Consulting, Systems Integration, and Specialized Applications. Leveraging our rich history in manufacturing intelligence and systems optimization, we enable industrial companies to optimize today’s production performance without sacrificing tomorrow’s resources.
EnteGreat has two main business lines:
1. enCONTEXT (TM): cloud-based, online energy and water management to optimize resource efficiency in the context of your business (“by location”, “by product”, “by shift”, “by unit”, etc.);
2. Services for Manufacturing Information Systems: providing multi-vendor consulting, architecture and systems integration, spanning high level enterprise systems architecture to specialized staff augmentation. EnteGreat has almost 200 defined methods and templates to optimize implementation, as well as a focused practice and product Accelerators around the GE Intelligent Platform’s Proficy Suite of applications, for example, Manufacturing Energy Management Solution® (“MEMS”), an on-premise Energy accelerator for GE Proficy.
EnteGreat’s 12 years of experience serves customers from Fortune 100 through mid-market organizations.
For more information, contact:
Read the full story at http://www.prweb.com/releases/2013/3/prweb10502088.htm
(c) 2013 PRWEB.COM Newswire
[ Back To Technology News's Homepage ]