Barcoding, Inc. joins Graham Partners
With industry resources, operational expertise, and commercial knowledge from private investment firm Graham, Barcoding plans to accelerate growth for its brand and platform.
Barcoding, Inc., a provider of supply chain automation solutions including various automatic indentification and data capture (AIDC) technologies, announced today it has joined Graham Partners, a private investment firm investing in technology-driven companies that are spurring innovation in advanced manufacturing. Financial terms of the deal weren't disclosed.
In Graham's view, what Barcoding offers plays a critical role in the automation landscape – partnering with AIDC original equipment manufacturers to facilitate the utilization of AIDC equipment and software and enable end customers to automate and digitize their supply chain infrastructure, Barcoding explained. Graham cited Barcoding's customer centric philosophy, culture of innovation, explosive growth, and respected industry reputation as the key reasons for investment.
Barcoding added that it will leverage Graham's domain expertise in industrial technology and their experience investing in industrial supply chains across its portfolio of advanced manufacturing and industrial technology businesses. With Graham's industry resources, operational expertise, and commercial knowledge, Barcoding plans to accelerate growth for its brand and platform while continuing to have a positive impact on the industry, customers, partners, and employees, according to the company. Barcoding added that it will expand its leading North American brand, managed services, and IntelliTrack platform into new geographies and markets.
“It's a transformational time for Barcoding. We are excited to partner with Graham Partners, a company that shares our core values and is eager to help us accelerate our growth for the good of our customers, partners, and employees. We look forward to this new chapter in Barcoding's journey,” said Shane Snyder, president and CEO, Barcoding, Inc.
Mike Stewart, Principal at Graham Partners, said, “There is an identifiable need for automation and data capture solutions that can improve productivity and traceability, and lower tracking costs. We are excited to partner with the Barcoding team to help support the company's growth and leverage our operational expertise to drive value creation.”
