Tompkins Solutions, a leader in supply chain consulting and automation, and MSI Automate, a premier provider of warehouse automation solutions, announced their plans to merge their respective companies. This strategic move brings together two industry innovators to create a comprehensive end-to-end warehouse automation solutions provider. By combining expertise, technology, and resources, the combined company will provide nationwide offerings spanning supply chain consulting, material handling and system integration services, managed services and support, and end-to-end software offerings spanning warehouse management, warehouse execution, and warehouse control systems. The combined company will retain the Tompkins Solutions brand and name.
“The integration of Tompkins Solutions and MSI Automate marks a significant milestone in our mission to provide best-in-class supply chain automation solutions,” said Anders Brown, Chief Executive Officer of Tompkins Solutions. “By bringing together Tompkins Solutions deep expertise and long history in supply chain management solutions and MSI’s advanced automation technologies, we are uniquely positioned to offer a full spectrum of solutions that drive efficiency, reduce costs, and enhance flexibility for our customers.”
Richard Lanpheare, President of MSI Automate, shared his enthusiasm about the integration, stating, “We are thrilled to join forces with Tompkins Solutions. Our combined capabilities will allow us to deliver even more powerful and innovative automation solutions to customers worldwide. This partnership will not only expand our technology offerings but also enable us to provide seamless, scalable solutions that meet the evolving needs of modern supply chains.”
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Grays Peak Capital and Valore Ventures are the financial sponsors of the combined company, having worked with both Tompkins Solutions and MSI Automate on their growth strategy and capital requirements.
“I couldn’t be more excited for the combination of these two industry leading companies,” said Scott Stevens, Managing Partner of Grays Peak Capital. “We see significant synergies and opportunity to build the customer base, partnerships, and employee value as we grow our product offerings in this market. The robotics and warehouse automation industry continues to accelerate in growth, and believe we are continuing to build the leading company and brand in the space.”
Source: PRNewswire