e-Emphasys Technologies, a Cary, North Carolina-based software and solutions provider to dealers and rental companies in the equipment distribution industry, received a strategic growth investment from TA Associates and True Wind Capital.
The financial terms of the transaction were not disclosed. In conjunction with the transaction, Ashutosh Agrawal, a Managing Director at TA, Nicholas Leppla, a Senior Vice President at TA, Adam Clammer, Founding Partner of True Wind Capital, and David Hirsch, Vice President of True Wind Capital, will join the e-Emphasys Board of Directors.
Led by Milind Bagade, Co-Founder and Chief Executive Officer, and Sayam Bagade, Co-Founder and Chief Operating Officer, e-Emphasys provides cloud-based enterprise resource planning (ERP) and dealer management system (DMS) software to equipment dealerships and rental companies in the construction, mining, forestry, material handling, agriculture, heavy truck, aggregate and sanitation industries. The company’s fully-integrated software platform is designed to improve operational efficiency and customer service, and drive revenue growth for dealers. The digital business transformation platform includes business intelligence and reporting, CRM, advanced document management, mobile solutions, field service tools, self-service online customer portals, telematics, industry specific applications of artificial intelligence, augmented reality, machine learning and more.
The company has additional locations in India, the Netherlands and Japan.