Elvaston Capital Management completed the acquisition of Datatex.

Elvaston Capital Management, an entrepreneurial investor with a focus on technology companies and software firms, completed the acquisition of Datatex, the global provider of ERP solutions designed for the textile and apparel industry. “Datatex is excited to have gained a strong partner in renowned software investor Elvaston and we are looking forward to the opportunity of working with SETEX to enhance our leadership position, and provide the textile and apparel industry with fully integrated seamless solutions for the management and optimization of the supply chain from fibre to garment. The new organization will enable industry leaders, our customers, to better comply with the sustainability, traceability and Industry 4.0 requirements of the new industrial era,” Ronen Hagin, Datatex CEO.