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Tailwind Capital Announces Acquisition of ArrowStream

Food and Beverages | Tuesday, January 05, 2021

Tailwind aims to invest aggressively in ArrowStream to continue evolving its revolutionary products and accelerate further market share growth in foodservice segments where technology adoption is increasing rapidly.

FREMONT, CA: Tailwind Capital, a mid-market private equity company investing in targeted sectors of technology & business services, industry, and healthcare, has completed its acquisition of ArrowStream from Diversis Capital. The terms of the agreement have not been disclosed.

ArrowStream is a pioneer in foodservice supply chain management software that allows consumers to focus on data to optimize their supply chain operations. The company's groundbreaking technologies solve mission-critical issues in terms of brand security, supply monitoring, profitability enhancement, and revenue development across the foodservice supply chain, utilizing a single industry-wide data portal to provide unparalleled levels of transparency, control, and actionable insight.

ArrowStream's market-leading supply chain technology brings over 250 restaurant chains, 1,000 distributors, and 8,000 suppliers to a shared partnership network. It involves well-known businesses such as Shake Shack, Performance Food Company, QDOBA Mexican Eats, Ben E. Keith, Foodbuy, IPC/SUBWAY, SMS/Popeyes, and others.

"This is an exciting day for ArrowStream, our customers and our future. Tailwind is an ideal partner who shares our strategic vision of continued investment to meet the expanding needs of our clients in the foodservice market," said Jeff Dorr, President, ArrowStream. "We have been leading the way to create a true foodservice collaboration platform. This acquisition paves the path for us to accelerate that vision for the industry in a time now which has shown that end-to-end data visibility and guided analytics are more critical than ever to running the supply chain to meet customer demands and market fluctuations."

Tailwind aims to invest aggressively in ArrowStream to continue evolving its revolutionary products and accelerate further market share growth in foodservice segments where technology adoption is increasing rapidly. The disruption of the supply chain caused by the coronavirus pandemic demonstrated ArrowStream's technology's criticality, enabling its consumers to obtain the required product and inventory visibility, minimize supply chain costs, and preserve brand quality.

Rick Willett, Tailwind Operating Executive, and Executive Chairman, ArrowStream, added, "We have been impressed by ArrowStream's unique culture, differentiated technology offerings and diverse, dedicated customer base. Their team has a passion for addressing the most critical client challenges through data and innovative solutions, as evidenced by the Company's remarkable customer satisfaction ratings and the ROI delivered by its technology. We see many compelling areas where we expect to invest in order to expand ArrowStream's capabilities to meet the growing needs of our customers."

With Tailwind's investment, ArrowStream will help accelerate the addition of value components to its potential customers through collaborative new technologies in inventory visibility, product and service quality control, real-time freight tracking, supplier management, and strategic sourcing. ArrowStream will remain a strong partner to its client base of restaurant chains, distributors, and suppliers, helping them boost visibility, performance, and risk reduction across the entire supply chain.

"We are incredibly excited to invest in ArrowStream," said Sanjay Swani, Managing Partner, Tailwind. "We believe the Company has tremendous growth potential which we expect to support with further investment. ArrowStream will be Tailwind's third software platform in the last 18 months and fits squarely within our strategy of partnering with high-growth technology companies in growing and dynamic end markets."

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