Spotlight Equity Partners has sold Ease to Luminate Capital Partners
Ease
Ease, Inc. is the leading provider of cloud-based manufacturing plant floor audit software. Ease’s multi-tenant Software as a Service (SaaS) solution is built for manufacturers of all sizes. The solution automates manual and time-consuming plant floor audits, inspections and data collection to digitize a historically manual, paper-based approach. Leading manufacturers in more than 40 countries around the world trust Ease to automate plant floor audits and keep pace with manufacturing requirements.
The Deal
Increasing focus on quality and safety in manufacturing have made plant floor audit procedures essential to corporate strategy, operations and compliance. In addition, technology is increasingly being adopted to enable and connect frontline workers across the plant floor to drive quality, safety and efficiency. To capitalize on these trends, Ease and Spotlight Equity Partners engaged Lincoln International to find a partner to support the company in its next stage of growth. Lincoln utilized deep domain expertise across manufacturing and broader industrial software to run a high-touch, competitive process, ensuring speed, certainty and favorable terms, while maximizing stakeholder value.
Our Perspective
Matt Kessler, Managing Director in Lincoln’s Technology, Media & Telecom Group, commented, “Ease sits at the intersection of a number of massive technology adoption trends currently underway across the industrial software space, including within manufacturing, quality, environmental, health and safety (EHS), compliance, supply chain and connected frontline worker. We were able to leverage these trends to drive very strong interest in the business and a great outcome for all involved. We are excited for the next chapter of growth for Ease, supported by their new partner in Luminate Capital Partners!
Spotlight Equity Partners
Spotlight is a private equity (PE) firm investing in enterprise software companies. Spotlight’s current portfolio of software companies includes ScaleGrid, Pharos, Nicus, cFive, SirsiDynix and Identity Automation.
Luminate Capital Partners
Luminate is a PE firm investing in growth software companies, based in San Francisco. Luminate’s portfolio of market leaders has included Axonify, Conexiom, Compliance & Risks, StarCompliance, Quantivate, Thought Industries and Suralink.
Lincoln’s hands-on approach, plus their deep knowledge and relationships across manufacturing and broader industrial software, were instrumental to our success. Their thoughtful process enabled us to find the best partner while also securing a great outcome for our shareholders.
Meet our Senior Team
I am inspired by working with entrepreneurs and innovators who feel passionately about what they are creating.
William Bowmer
Managing Director & Co-head of Technology, U.S.
San Francisco
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Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.