Arkieva and Banneker Partners Unite for Advanced Growth
Arkieva Welcomes Investment from Banneker Partners
Arkieva, a renowned provider of supply chain planning software, has recently embarked on an exciting journey of growth thanks to a significant investment from Banneker Partners. With over three decades of experience, Arkieva stands at the forefront of innovation in supply chain solutions. This strategic partnership marks an essential milestone that is set to expedite Arkieva's advancements in the industry.
"Partnering with Banneker Partners is a thrilling new chapter for us at Arkieva," says Harpal Singh, the CEO. He emphasizes that Banneker's extensive experience in scaling software enterprises will play a crucial role as they enter this transformative phase. The investment aims to bolster Arkieva’s capabilities, enhancing its offerings for a growing global clientele.
Innovative Solutions for Modern Challenges
With a focus on addressing pressing challenges within the supply chain sector, Arkieva has positioned itself as a leader by managing over $110 billion in revenue planning for significant manufacturers and distributors. Their modern Software as a Service (SaaS) solutions provide advanced digital twin technologies and autonomous control tower functionalities. These features empower businesses to tackle issues such as lack of transparency, fluctuating workforce needs, global uncertainties, and sustainability demands.
"By aligning with Arkieva, we aim to empower their mission to foster innovation in process manufacturing," states Kenneth Frank, a partner at Banneker. This investment not only reinforces Banneker’s dedication to innovation but also supports companies that are reshaping the future of supply chain technology.
A Partnership for Sustainable Growth
The collaboration with Banneker Partners is poised to drive Arkieva into a new era of growth, solidifying its leadership in the market while effectively responding to changing demands. Harjot Sachdeva, Operating Partner at Banneker, shares insights into the unique value Arkieva brings to the manufacturing sector, highlighting the clear return on investment that their software solutions promise.
The objectives of this partnership include:
- Facilitating strategic growth while accelerating current initiatives
- Utilizing Banneker's successful strategies across various industries
- Executing a robust value creation plan informed by in-depth expertise
Dhiran Singh, Executive VP of Arkieva, further reinforces the synergy that this partnership creates. By merging their strengths, Arkieva can provide manufacturers with integrated tools for planning, scheduling, and execution, improving overall business performance.
Expert Guidance from Brown Gibbons Lang & Company
Scott Mattson, Head of Brown Gibbons Lang & Company’s Technology investment banking team, expresses enthusiasm about Arkieva’s new partnership with Banneker. He notes that BGL was pleased to play a role in securing this partnership, which combines Banneker’s operational prowess with Arkieva’s cutting-edge planning and scheduling solutions.
Michael Magruder, Managing Director of BGL’s Supply Chain Software investment banking team, elaborates on how this new relationship will help spur product innovation and enhance the value provided to Arkieva's customers.
About Arkieva
For three decades, Arkieva has been at the helm of transformative supply chain solutions for global enterprises. Their comprehensive suite encompasses demand management, inventory optimization, and integrated business planning that drive growth and enhance profitability. Each solution crafted by Arkieva is designed to respond to the dynamic nature of supply chain operations, providing companies the agility they require.
Headquartered in Wilmington, Delaware, with offices in Belgium and India, Arkieva maintains a culture of innovation that propels organizations like Wells Enterprises and Bakelite Synthetics into the future of supply chain planning. Their commitment to driving business transformation through effective supply chain management continues to be a hallmark of their success.
Arkieva Media Contact
Kristan Theile
Director of Marketing, Arkieva
513-376-0300
Frequently Asked Questions
What is the significance of Arkieva's partnership with Banneker Partners?
This partnership signifies a pivotal step in Arkieva's evolution, enabling significant growth and innovation within their software solutions.
What kind of solutions does Arkieva provide?
Arkieva offers advanced software solutions for supply chain planning, including demand management and integrated business planning.
How will this investment impact Arkieva's customers?
The investment will enhance the company's capabilities, leading to improved products and services that better meet customer needs.
What challenges does Arkieva aim to address with its solutions?
Arkieva focuses on issues like poor supply chain visibility, workforce fluctuations, and sustainability concerns through its innovative solutions.
Where is Arkieva headquartered?
Arkieva is headquartered in Wilmington, Delaware, and operates additional offices in Belgium and India.
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