Monday, December 23, 2024

Leading Food Industry SaaS Providers, ESHA Research and FoodLogiQ, merge to form Trustwell

Following the merger of ESHA Research and FoodLogiQ in October 2022, the organization today announced they will rebrand under the new name, Trustwell. The combined business creates the food industry’s only software platform connecting product development and regulatory compliant labeling into supplier compliance, enhanced traceability and automated recall management.

Combining FoodLogiQ’s supply chain management software with Genesis’ nutritional analysis and label development solution, the Trustwell platform will change the evolving landscape of food tech. In addition, Trustwell’s combined leadership team brings together expertise representing a combined 100 years in the food industry.

Brought in to lead the combined organization, Trustwell’s new CEO, Stephen Bruce, brings over 25 years of experience in the technology industry and a proven history of building and scaling effective SaaS companies. Bruce most recently served as the Managing Director of the software group at LTG and previously held numerous executive roles for PeopleFluent, Aptean, Infor, and Geac.

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“Our new name embodies the most critical element within the food industry, trust; the trust our customers establish with their consumers and the trust our customers have in our software to increase transparency and mitigate brand risk in their supply chains,” said Bruce.

ESHA Research and FoodLogiQ have both established themselves as pioneers in the food industry. ESHA launched the food industry’s first comprehensive nutrition database to develop compliant labels, while FoodLogiQ contributed to the FDA’s traceability pilots that helped mold the Food Safety Modernization Act. By bringing together these two powerhouse names, Trustwell is the food industry’s trusted source for compliance and quality solutions in the food industry.

“Trustwell introduces a complementary suite of solutions that provide greater operational efficiencies and transparency throughout the entire food supply chain,” said Bruce. Investment for the transaction, announced in October 2022, was provided by The Riverside Company, a global private investor focused on the smaller end of the middle market.

SOURCE: PRWeb

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