(PRWEB) June 21, 2013
Invatron Systems Corp. (“Invatron”), a world leader in software solutions exclusively serving the “fresh food” operations of the grocery industry, is pleased to announce that Polar Capital Management Inc. (“Polar”), an established Canadian mid-market private equity firm, has completed a growth capital investment in Invatron. The focus of the investment is to accelerate the expansion of Invatron’s Demand-Driven fresh product replenishment solution, PeriScope. PeriScope enables grocery retailers to better meet customer demand by having the right amount of the freshest product available at the right time resulting in increased customer satisfaction and improved financial performance.
Axel Doerwald, founder and CEO of Invatron, “This is an exciting time for Invatron as PeriScope is uniquely positioned to empower grocery retailers to execute a core strategy of ensuring the right product at the right time to meet customer demand, thereby achieving maximum financial success across their entire fresh operations. We are excited to work alongside the Polar team to accelerate our growth and realize the tremendous opportunity PeriScope has in revolutionizing how retailer operators execute fresh product replenishment.”
About Invatron Systems Corp.
Founded in 1988 and headquartered in Mississauga, Canada, Invatron is recognized as both a pioneer and a leader in the fields of Demand-Driven fresh product replenishment (PeriScope) and scale management (ePlum). These solutions enhance the grocery industry’s fresh operations and have over 2,500 and 16,500 store deployments, respectively. Invatron’s customers include the majority of North America’s largest retailers such as Kroger, Safeway, Ahold, Sobeys, Giant Eagle, Wegmans, Whole Foods and Loblaws.
Invatron Systems Corp.
Axel Doerwald, Chief Executive Officer, 905-363-3299, http://www.invatron.com
About Polar Capital Management Inc.
Based in Toronto, Canada, Polar Capital Management Inc. provides long-term equity capital and management expertise to build growing, well-run and highly profitable businesses. Polar is not a passive but rather an active investor of capital, time and energy. Polar has been successfully implementing this approach for over 20 years.
Polar Capital Management Inc.
Kurt Brands or Reid Drury, 416-367-4364, http://www.polarcapital.com