TouchPoint Inc., the parent company of SupplyPoint, has completed the acquisition of Morse Watchmans.
Founded in 1882 and headquartered in Oxford, Connecticut, Morse Watchmans is the security industry’s leading global supplier of intelligent key management systems. Morse Watchmans will join TouchPoint’s Intelligent Inventory Management platform, which focuses on developing inventory management solutions that enable the secure, accurate and efficient management of consumable inventory and high value assets in a variety of end markets. Morse Watchmans provides customized, technologically advanced key control and asset management systems that integrate with access control and other physical security systems. Morse Watchmans proprietary software, RFID technology and innovative hardware configurations provide businesses with proven security products.
“We are excited to add the Morse Watchmans technology, expertise and solutions to our Intelligent Inventory Management business, as this expanded offering further enhances our ability to create value for our customers,” said Brian McNeill, Chairman, President & CEO of TouchPoint, Inc. “Morse Watchmans is a terrific addition to TouchPoint’s growing Intelligent Inventory Management platform as it strengthens our global position in the growing security and asset management markets.”
TouchPoint is a privately held, diversified global growth company based in Concordville, PA. TouchPoint focuses on acquiring and building niche, high growth engineering and manufacturing businesses where technology and human touch points make a tangible difference to the end user. The current TouchPoint portfolio is made up of three platforms: 1. Access Hardware: Southco 2. Intelligent Inventory Management: SupplyPoint & Vanas Intralogistics 3. Medical Technology: ITD & TouchPoint Medical In total, TouchPoint companies have over 4,500 employees in 27 countries and serve more than 80 thousand customers in nearly 100 countries throughout the world. www.touchpointinc.com
