“Our new name embodies the most critical element within the food industry, trust; the trust our customers establish with their consumers and the trust our customers have in our software to increase transparency and mitigate brand risk in their supply chains.” Stephen Bruce, Trustwell CEO.
SALEM, Ore. (PRWEB) February 15, 2023
Following the merger of ESHA Research and FoodLogiQ in October 2022, the organization today announced they will rebrand under the new name, Trustwell. The combined business creates the food industry’s only software platform connecting product development and regulatory compliant labeling into supplier compliance, enhanced traceability and automated recall management.
Combining FoodLogiQ’s supply chain management software with Genesis’ nutritional analysis and label development solution, the Trustwell platform will change the evolving landscape of food tech. In addition, Trustwell's combined leadership team brings together expertise representing a combined 100 years in the food industry.
Brought in to lead the combined organization, Trustwell’s new CEO, Stephen Bruce, brings over 25 years of experience in the technology industry and a proven history of building and scaling effective SaaS companies. Bruce most recently served as the Managing Director of the software group at LTG and previously held numerous executive roles for PeopleFluent, Aptean, Infor, and Geac.
“Our new name embodies the most critical element within the food industry, trust; the trust our customers establish with their consumers and the trust our customers have in our software to increase transparency and mitigate brand risk in their supply chains,” said Bruce.
ESHA Research and FoodLogiQ have both established themselves as pioneers in the food industry. ESHA launched the food industry’s first comprehensive nutrition database to develop compliant labels, while FoodLogiQ contributed to the FDA’s traceability pilots that helped mold the Food Safety Modernization Act. By bringing together these two powerhouse names, Trustwell is the food industry’s trusted source for compliance and quality solutions in the food industry.
“Trustwell introduces a complementary suite of solutions that provide greater operational efficiencies and transparency throughout the entire food supply chain,” said Bruce.
Investment for the transaction, announced in October 2022, was provided by The Riverside Company, a global private investor focused on the smaller end of the middle market.
Operational announcements in conjunction with this rebranding announcement:
FoodLogiQ CEO Katy Jones will continue in the new role of Chief Strategy and Marketing Officer at Trustwell.
The Trustwell Connect platform will be driven by the FoodLogiQ product suite, enabling supplier management, food safety compliance, quality incident management, recall management and whole chain traceability, and the Genesis product suite, offering nutritional analysis and label development solutions to ensure regulatory compliance.
Trustwell is on a mission to change the food industry. From food and supplement manufacturers to retail grocers and restaurant chains, food companies around the world use Trustwell software as their trusted source for compliance and quality solutions in the food industry. For more information, visit trustwell.com.
About The Riverside Company
The Riverside Company is a global investment firm focused on being one of the leading private capital and credit options for investors, business owners and employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value.
Since its founding in 1988, Riverside has made more than 960 investments. The firm's international private equity and flexible capital portfolios include more than 150 companies.