Service center

Enmark in Ann Arbor Secures Capital to Expand into Metal Service Center Business

Enmark Systems Inc. has received a “significant growth investment” from Accel-KKR in California. // Courtesy of Enmark

Enmark Systems Inc., an Ann Arbor developer of software for the metal service center industry, has received a “significant growth investment” from Accel-KKR in California, a technology-focused private equity firm. The amount of the investment was not disclosed.

The company also announced that Grant Stanis has been named CEO of Enmark Systems, succeeding owner and chairman Michael Rybicki, who will continue to provide strategic direction as chief technology officer.

Enmark’s flagship offering, ENITEO, is ERP software specifically designed for metallurgical service centers, part of an industry with estimated revenues of $45.6 billion.

The cloud-based ENITEO was launched in late 2004 and has since become the most widely adopted ERP, pricing and inventory software platform for the metal service center industry, according to the company.

It uses state-of-the-art technology, including barcode scanning, touchscreen workshop, and Microsoft Cloud services.

With the ENITEO software platform, service center managers can assess and manage the health of their business in real time, track key performance indicators and study business trends.

From quote to shipment, service center sales teams can provide price and inventory quotes in the field with speed and accuracy, boosting sales, protecting margins while improving the overall customer experience.

An integrated accounting module automates the flow of business transaction information to accounting and financial systems, eliminating double entry and ensuring invoicing accuracy and speed. Orders flow directly from commercial stations to shop stations to facilitate work ordering and provide shop supervisors with advanced production controls.

“With this announcement, we have reached an important milestone in the history of our company,” says Rybicki. “Metallurgical service centers have unique needs that traditional ERP systems don’t address well, such as complex inventory and high price sensitivity. Enmark was founded in 1983 to specifically address these needs and provide a powerful solution for our customers.

Stanis, a software-as-a-service veteran with a background in software and IT companies, joins Enmark from FPX, another specialist manufacturing software provider.

“We are delighted to partner with Enmark,” said Phil Cunningham, Chief Operating Officer and Head of AKKR’s Emerging Buyout Partners Fund. “Enmark provides customer-critical software, which in turn plays a vital role in the wider economy.”