Banneker Partners’ Portfolio Company Eyelit Technologies Acquires Optessa for Additional Efficiency and Scheduling Capabilities
LEWISVILLE, Tex. (Feb. 22, 2024) – Banneker Partners’ portfolio company Eyelit Technologies, a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS) and Factory Automation solutions, has acquired Optessa to enhance its manufacturing optimization capabilities. This acquisition will allow Eyelit to address the manufacturing industry’s critical need for closed-loop planning and execution across factory floors, including those in automotive, aerospace, medical device, and semiconductor manufacturing.
“Banneker Partners focuses on creating high-performing technology companies with sustained market share leadership, noteworthy innovation, and a strong commitment to customer satisfaction,” said Kenneth Frank, Partner at Banneker Partners. “We are energized by the value creation that Eyelit Technologies is delivering to manufacturers and the Optessa acquisition will further extend the company’s category leadership.”
With this acquisition, Banneker Partners continues its track record of making impactful vertical enterprise software investments that drive enhanced customer value and significant business impact across various industries, including manufacturing and supply chain.
“While many companies in the manufacturing technology space talk about Industry 4.0 vision, every day Eyelit Technologies actually delivers these capabilities, helping manufacturers make remarkable progress in productivity, efficiency, and quality,” said Harjot Sachdeva, Operating Partner at Banneker Partners. “Smarter manufacturing is a reality for Eyelit's customers and Optessa’s addition will amplify the gains.”
Banneker’s expanding portfolio places the firm at the center of technological innovation, funding customers across other industries such as agriculture, government, healthcare, and supply chain.
About Eyelit Technologies
For more than 20 years, Eyelit Technologies has enabled significant gains by many of the world’s most innovative and sophisticated manufacturers. Its Manufacturing Execution System (MES), Quality Management (QMS), Automation software platforms, and AI-based predictive analytics, have delivered on the promise of Smarter Manufacturing. Eyelit Technologies products are utilized across the globe for aerospace and defense solutions, battery technology, medical devices, semiconductors, and an increasing number of highly engineered products. With Banneker Partner’s support and an enduring drive for category leadership, Eyelit Technologies has become the fastest-growing brand in the manufacturing technology space. For more information, please visit www.eyelit.com.
About Optessa
Optessa is a leader in planning and scheduling optimization software with many successful implementations among top-tier global manufacturers. Optessa products have wide applicability in diverse manufacturing industries including discrete manufacturing industries like automotive OEMs, suppliers, power equipment, electronics, semiconductor, and mills and process manufacturing industries such as food and beverage and paints as well as shipping and logistics. The Optessa team combines deep expertise in software, optimization, manufacturing, and AI/ML technologies with unmatched customer commitment. To learn more about Optessa please visit www.optessa.com.