Banyan Software, a leading acquirer and permanent home for great software businesses, is proud to announce its latest acquisition of The Lake Companies, Inc. The Lake Companies, led by CEO and founder, Greg Lake, has been a trusted provider of Infor SyteLine ERP solutions and proprietary add-on modules since its establishment in 1983.
The Lake Companies started its journey as a channel partner for Micro Manufacturing Systems software, now known as Infor. Over the years, Lake developed proprietary modules—Shop-Trak and Doc-Trak—to address specific functionalities within Infor’s SyteLine ERP product, catering to SMB manufacturers globally.
About The Lake Companies, Inc.: Founded in 1983, The Lake Companies is a provider of enterprise resource planning (ERP) business software solutions and authorized Infor Channel Partner providing SyteLine ERP (CloudSuite Industrial) software solutions to discrete manufacturers. Additionally, we are the developer of the Shop-Trakâ„¢, Fact-Trakâ„¢, and Doc-Trakâ„¢ enhancement applications for SyteLine. These software products are used by manufacturers worldwide to make the SyteLine ERP platform even more powerful and efficient. For more information, please visit: lakeco.com
About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. With a permanent capital base set up to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies. Founded in 2016, Banyan is backed by a world-class group of CEOs and investors with deep technology experience and currently operates across a growing number of verticals.