Over the past nine months, we have all relied upon technology to bridge the gap between the real world and the virtual world. We are living through one of the greatest periods of “e-merge” in our history. Gartner reports 87% of senior business leaders say digitalization is a company priority, but only 40% of organizations have brought digital initiatives to scale as of today.
At Hamilton Robinson we have taken “e-merge” to the next level. Our portfolio company, GrayMatter, is proud to announce the acquisition of E-Merge Systems. E-Merge, based in Richmond, VA, focuses on delivering industrial systems integration and implementation that optimize efficiency and quality in manufacturing, food & beverage, water/wastewater, energy and other industries across North America.
“The combination of GrayMatter and E-Merge creates the leading industrial intelligence and automation services firm in the U.S.,” stated Jim Parmelee, Managing Director at Hamilton Robinson Capital Partners. “GrayMatter is poised to provide customers with a comprehensive suite of services spanning instrumentation/control through analytics and cyber security.”
“Industrial companies in 2021 are prioritizing projects that were once on the back burner to equip facilities with IoT devices, leverage predictive analytics and augment industrial cybersecurity,” said GrayMatter Co-Founder and CEO James Gillespie. “Our clients are telling us they want to better prepare their remote, industrial workforces to control costs and production as we move closer to a post-pandemic world.”
Brandon Richter, Partner at Hamilton Robinson, stated, “E-Merge will add experienced engineers to GrayMatter’s workforce and a portfolio of impressive industrial clients. E-Merge’s team advances GrayMatter’s ability to meet customer demand for end-to-end operational visibility, putting powerful, relevant data from the sensor level to the cloud into the hands of decision makers.”
GrayMatter was advised by Bundy Group, a boutique investment bank that specializes in the controls & automation sector, in the sale.
Headquartered outside Pittsburgh, PA, GrayMatter leverages advanced industrial analytics, industrial cybersecurity, brilliant operations and other as-a-service solutions to help companies transform their operations and empower their people.