Procurant, a Los Gatos, CA-based global food supply chain company, is to acquire the SureCheck mobile food safety solutions and monitoring business from ParTech Inc., a wholly owned subsidiary of PAR Technology Corporation (NYSE: PAR).
The amount of the deal was not disclosed.
With the addition of SureCheck’s suite of mobile food safety and task management applications and devices, Procurant now offers customers a comprehensive, operations-focused end-to-end food supply chain solution.
Led by Eric Peters, CEO, Procurant provides companies in the food industry with a cloud-based perishable food procurement system that enables trading partner collaboration, IoT and sensor data collection, mobile messaging and alerts, secure storage of critical documentation and the sharing of food safety data in public or private blockchains including the IBM Food Trust. The platform and its related applications allow farmers, producers, shippers, distributors and retailers to advance in their strategic planning as well as their day-to-day supply chain processes.
Procurant is backed by GLP Properties (glprop.com) with US$66 billion of assets under management in real estate and private equity funds around the world.
FinSMEs
31/10/2019