Banneker Partners Invests in Eyelit

Banneker Partners Invests in Kuali

July 1, 2025

Software

Banneker Partners has made a growth investment in Kuali to accelerate the company's platform strategy and expand its suite of higher-education software solutions. The capital will support Kuali's product roadmap across research, academics, operations, and finance while enabling continued service to its more than 230 institutional customers.

Eyelit Technologies Acquires Adexa

January 14, 2025

Software

Eyelit Technologies, backed by private equity partner Banneker Partners, has acquired Adexa, a global provider of AI-driven supply chain and enterprise business planning solutions. The acquisition expands Eyelit's smart factory offering by integrating Adexa's planning, scheduling and real-time supply chain capabilities into Eyelit's MES and APS solutions; Adexa was advised by Marks Baughan on the transaction.

Banneker Partners Makes Strategic Growth Investment in Silo Technologies

October 1, 2024

Cloud & SaaS

Banneker Partners, a San Francisco-based investment firm, made a strategic growth investment in Silo Technologies, a San Francisco-based provider of cloud-based SaaS solutions for the perishable food supply chain. The capital will help Silo accelerate product development (inventory management, accounting, payments), expand into new markets including grower-shippers and distributors, and deliver new product enhancements in 2025.

Eyelit Technologies Acquires Optessa

February 21, 2024

Software

Eyelit Technologies, a portfolio company of Banneker Partners, has acquired Optessa, a provider of AI-powered advanced planning and scheduling (APS) and optimization software. The deal brings Optessa's optimization and AI sequencing capabilities into Eyelit's Manufacturing Execution, Quality Management and factory automation suite to deliver closed-loop planning and execution for manufacturers, particularly in automotive and other discrete industries.

Banneker Partners Invests in XBE

January 25, 2024

Software

Banneker Partners, a private equity firm focused on enterprise software, has made a strategic growth investment in XBE to accelerate product development and expansion. XBE is an operations management software platform serving the horizontal construction market (asphalt, concrete, aggregate and site work) and will use the capital to speed innovation and broaden its customer reach.

Eyelit Acquires UK-based SaaS MES Provider MESTEC

May 12, 2022

Cloud & SaaS

Eyelit, a US-based provider of Manufacturing Execution (MES), Quality Management (QMS), and factory automation solutions, has acquired MESTEC, a Bracknell, United Kingdom-based cloud-native, multi-tenant MES/MOM SaaS vendor. The acquisition expands Eyelit's cloud MES capabilities and accelerates MESTEC's planned expansion into the Americas while supported by an investment from Banneker Partners.