Announced
Completed
Synopsis
Encompass Technologies, a comprehensive cloud-based ERP, CRM, eCommerce, and data solutions provider for the food and beverage industry, completed the acquisition of Vintrace, a global company in cloud-based winery production software. Financial terms were not disclosed. “Our commitment to continuously innovate and support our customers is stronger than ever. Vintrace brings the wine production expertise and Encompass offers the breadth of ERP, CRM, eCommerce, and data solutions that wineries need. Together, we are supporting and developing comprehensive ERP solutions which align with our strategy of enabling beverage manufacturers to innovate new brands and expand their portfolio of products, including wine. Additionally, we are helping distributors diversify their products to meet consumer demand for more choices,” Jonathan O’Neil, Encompass CEO.
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