Tower Arch Capital Announces Partnership with Documotion Research, Inc., Manufacturer of StickyPOS
Tower Arch Capital is pleased to announce that it has partnered with the Van Boom family and recapitalized Documotion Research Inc (“Documotion” or DRI”), the manufacturer of StickyPOS, a market-leading linerless labeling solution.
Headquartered in Columbia, Tennessee, Documotion is a leading provider of StickyPOS, its patented linerless label and point-of-sale (POS) solutions for the restaurant, hospitality, and retail industries. The company’s innovative StickyPOS products enable businesses to improve operational efficiency, reduce waste, and enhance the customer experience. DRI has built a strong reputation for quality, service, and customer-driven product development, serving many of the world’s most recognizable quick-service and fast-casual restaurant brands.
Joel Van Boom, President & CEO of Documotion, stated “Documotion has been driven by a spirit of innovation and dedication to helping our customers solve complex challenges in their daily operations. We are proud of what our team has accomplished, and we are excited to partner with Tower Arch Capital. Their expertise and resources will help us expand our product offering, grow our customer base, and continue delivering world-class solutions to our partners.”
“We are thrilled to partner with Joel, Wes, Peter, and the entire Documotion team,” said Rhett Neuenschwander, Partner at Tower Arch Capital. “Their patented, eco-friendly linerless labels and strong customer relationships have established Documotion as the clear market leader. We look forward to supporting the company as it continues to innovate and scale, building upon its reputation as a trusted solutions provider.”
Dave Parkin, Partner at Tower Arch Capital, added “This partnership is a continuation of Tower Arch’s history of partnering with exceptional family-owned businesses. Joel will continue to lead DRI and is well-positioned to aggressively enter new markets such as healthcare and logistics, while continuing to innovate solutions for restaurants and foodservice. We are committed to expanding production capabilities and introducing new solutions to better serve a growing customer base.”.
Terms of the transaction were undisclosed. Transaction financing was provided by UMB Bank and KeyBank. Tower Arch Capital was advised by Gibson, Dunn & Crutcher LLP, Grant Thornton, Alvarez and Marsal, and Lockton. Documotion was advised by Reynolds Advisory Partners and Morgan, Lewis & Blockius, LLP.