GrayMatter Announces Accelerated Growth Plan with Significant Investment from Private Equity Firm Hamilton Robinson
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May 17, 2021Pittsburgh, PA — Pittsburgh’s tech scene is on the rise and GrayMatter, a technology and consulting company headquartered there, believes a recent investment in their business will significantly contribute to the technology surge taking place in the city.
Co-founder, CEO and Carnegie Mellon graduate Jim Gillespie says a substantial investment by private equity firm Hamilton Robinson Capital Partners will allow GrayMatter to rapidly expand its efforts to digitally transform industrial operations and empower people at forward-thinking companies across the United States and Canada.
“This acceleration allows GrayMatter to bring more resources, technology and innovation to our customers. We’re thrilled to expand the possibilities of digital industrial transformations,” said Gillespie.
A new wave of digital technology is creating opportunities for extreme increases in productivity and huge savings for industrial companies, but leaders need help with the transformation. That’s where GrayMatter steps in to guide the process and technology implementations.
“We are excited to partner with GrayMatter as the firm embarks on its next phase of growth. GrayMatter has developed a tremendous reputation for delivering data driven, process automation solutions to optimize operations for leading North American industrial companies,” said Brandon Richter, Managing Director at Hamilton Robinson. “GrayMatter’s services and solutions guide customers through a digital transformation of their operations resulting in dramatically increased productivity, improved monitoring and intelligence and enhanced security,” added Jim Parmelee, Managing Director at Hamilton Robinson.
“This couldn’t come at a more critical time as the promise of Industry 4.0 comes true and industrial companies are realizing incredible value,” says GrayMatter Co-founder and Vice President on Manufacturing Industries Carson Drake.
About Hamilton Robinson
Hamilton Robinson Capital Partners was founded in 1984 to invest directly in small, privately held manufacturing, distribution and service businesses. The firm has maintained its singular focus on this dynamic market to become a valued resource for equity capital and growth strategies for small businesses. Based in Stamford, CT, the firm has completed over $1.3 billion in transactions supporting over 50 companies. Investors include leading financial institutions, funds, family offices, and individuals in the United States and Europe.
About GrayMatter
GrayMatter is a technology and consulting company headquartered in Pittsburgh, committed to transforming operations and empowering people in critical infrastructure environments. Winner of Inc.’s Best Places to Work and Fastest Growing Companies for the past two years, GrayMatter is rapidly expanding as GE’s number one software partner.
