BALTIMORE, MARYLAND (February 23, 2017) – Camden Partners today announced the sale of its interests in Steelwedge, a Camden Partners growth stage portfolio company, which provides big-data solutions for supply chain planning in the cloud. Global enterprises including Canon, Pfizer, HP Inc., Jaguar Land Rover, Lenovo, Nissan and Monsanto rely on Steelwedge’s cloud-based solution.
Steelwedge has merged with E2open, which provides the largest and most comprehensive supply chain operating network. The combination makes E2open the largest purely cloud-based supply chain software company in the world.
Camden Partners’ Jason Tagler led the investment in Steelwedge in March 2015 and served on the Company’s board of directors alongside Chief Executive Officer, Pervinder Johar. Previously, Mr. Johar was responsible for Hewlett Packard’s Global Supply Chain Systems.
For more information, please visit the full press release at: https://www.e2open.com/news/e2open-and-steelwedge-join-forces-to-deliver-collaborative-sales-and-operations-planning
Steelwedge’s cloud supply chain planning and S&OP solutions enable leading manufacturers to profitably align demand, supply, strategy and financial goals. Connecting people, processes and technology, Steelwedge big data solutions transform supply chain ecosystems. For more information, please visit www.steelwedge.com.
Founded in 2000, E2open provides the largest and most comprehensive Supply Chain Operating Network, including a broad suite of collaborative supply chain solutions. Leading global enterprises rely on E2open to provide greater end-to-end visibility, more accurate data and insights, and real-time business process orchestration across complex, multi-tier trading partner networks. For more information, please visit www.e2open.com.
About Camden Partners
Camden Partners, founded in 1995, is a multi-strategy private equity firm based in Baltimore, MD. This investment was made through its growth-equity strategy, which focuses on late-stage companies in the technology, business services, education, and healthcare sectors. For more information, please visit www.camdenpartners.com.