The Beacon Group
acquires
March 17, 2022 - Haverhill, MA – The Beacon Group, a supply chain and logistics consultancy, announced today that it has purchased 4SYTE™, a proprietary network optimization software.
“The acquisition of the 4SYTE™ technology, will greatly expand our company’s service offerings to the marketplace. The robust software will allow Beacon to provide a complete wrap around service to our clients,” stated George Yfantopulos, CEO of The Beacon Group.
The 4SYTE™ program addresses a wide breadth of supply chain challenges including site selection, transportation, network design and logistics. Prior to the acquisition of 4SYTE™ by The Beacon Group, Symmedian, a supply chain solution provider, leveraged the software for clients in the high tech, consumer goods, apparel and food and beverage industries.
Symmedian CEO, Robert Hutson commented, “The partnership with The Beacon Group is an absolute win-win for all. Their expansive national customer base, supply chain expertise coupled with the 4SYTE™ product should afford many opportunities to assist clients growing and expanding their businesses.”
“4SYTE™ is an amazingly robust product that can provide tailored solutions across a wide array of industries. High level executives, private equity firms and other leaders of industry have leveraged its capabilities from network optimization, site selection and analytics to make game changing decisions for their respective companies,” Yfantopulos concluded.
Hutson will join The Beacon Group as Senior Vice President – Supply Chain and Real Estate.
About The Beacon Group
The Beacon Group (TBG) works in concert with our clients operations team to create a supply chain strategy & ‘blueprint’ for the future. TBG’s Supply Chain & Engineering team augments a company’s internal operations, facilities and supply chain expertise and bandwidth. We work with our clients to understand their environments, constraints, and growth plans. From there we assemble a multi-disciplined, engineering focused project management team dedicated to helping our clients identify, achieve, and sustain specific performance goals.
About 4SYTE™
4SYTE™ is a new decision optimization technology developed to improve and streamline the overall industrial site selection and transaction management process. Our professionals use the technology to perform “C” level financial analysis of every alternative available to our customers quickly and accurately. Market data and internal client data is aggregated, merged and modeled so that key executives have the right information to make well informed decisions for their organizations. The Beacon Group can provide these services as part of an enhanced industrial tenant representation often at little to no cost to the customer.
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PRESS RELEASE
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OUR MISSION
By leveraging a unique and dynamic combination of engineering, construction, operations and facility management expertise, The Beacon Group designs, delivers, and executes practical solutions that help companies:
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Drive strategic growth planning
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Perform engineering based facility/evaluations for transaction due diligence
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Identify inefficiencies and capture operational savings
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Maximize system-wide asset value
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Increase profitability.
OUR SOLUTIONS
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Supply Chain & Engineering
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Facility Management
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Construction & Real Estate
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Logistics
RECENT PROJECT SHOWCASE
The Beacon Group recently completed a specialized material handling solution for a hardware distribution company outside Manchester, New Hampshire.
The Beacon Group designed, engineered and installed a material handling solution for a electrical supply distributor company near Chicopee, Massachusetts.
The Beacon Group designed and implemented a highly specialized material handling solution for a hard lines and disposables company in Columbus, Ohio.
The Beacon Group designed and implemented a custom material handling solution for a educational supply distributor in Pittsburgh, Pennsylvania.
The Beacon Group completed a specialized material handling solution for a drug wholesale distributor in Los Angeles, California.
The Beacon Group designed, engineered and installed a material handling solution for a hardware supply company in Stockton, California.
The Beacon Group designed and integrated a material handling solution for a third party logistics company in Chicago, Illinois.