ATLANTA -- Visiprise completed its merger with HMS Software, forming a manufacturing software environment provider with more than 270 employees and more than 200 customers.
To facilitate the transaction, Visiprise closed on over $30 million of new financing led by Investor Growth Capital and Westbury Partners. This financing also included participation from the company’s current investors.
Visiprise has re-organized into industry business units (IBUs), creating more focus around the company’s selected vertical markets – aerospace and defense, electronics, automotive and specialty vehicles, and medical devices.
Visiprise focused on high-volume, high-mix manufacturing environments with HMS Software adding low-volume asset and labor-intense manufacturing capability.