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Announced

Cove Hill Partners completed the investment in Encompass Technologies.

Synopsis

Cove Hill Partners, a long-term-oriented investment firm, completed the investment in Encompass Technologies, a provider of cloud-based software for beverage and food industry suppliers, distributors, and retailers. Financial terms were not disclosed. "Disjointed systems, manual processes, siloed data, and limited insights for demand planning in the beverage and food supply chain have resulted in consumer product scarcity or glut. The partnership with Cove Hill puts more power behind our goal of digitally connecting the supply chain to eliminate empty shelves and minimize product waste. This infusion and partnership will help accelerate the growth of our Connect family of products that is transforming the way distributors, suppliers, and retailers work together," Jonathan O’Neil, Encompass CEO.

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