- Private equity firms are increasingly investing in software that helps companies improve supply chain issues
- Made4net and Zethcon both develop warehouse management system software
- The two companies will pool resources to enhance innovation within the supply chain management sector
Made4net, a Teaneck, New Jersey developer of supply chain execution and warehouse management system (WMS) software, has purchased Zethcon, a Lombard, Illinois WMS deveoper. Made4net is a portfolio company of Thompson Street Capital Partners, a St. Louis private equity firm.
For nearly 20 years, Zethcon’s flagship product, Synapse WMS, has helped customers improve the speed, accuracy, and efficiency of their warehouse operations, according to the company. The Synapse platform offers real-time inventory visibility, extensive ecommerce and order management capabilities.
“This partnership with Made4net allows for our leadership, culture, and customer focus to continue on their same trajectory, while now leveraging the resources that come with a larger company and experienced private equity firm,” said Chris Oechsel, president and CEO of Zethcon.
“The combination of Zethcon and Made4net creates a world-class WMS software provider with innovative solutions tailored to the needs of the mid-market; it now further enables both 3PL and non-3PL customers to modernize their supply chains through automation and real-time visibility,” said Tom St. Geme, Thompson Street Capital Partners Vice President.