Cramer & Anderson LLP’s Oxford, Conn., based client Morse Watchmans, the industry leader in key control and asset management systems, was acquired in December 2021 by TouchPoint, Inc., a privately-held diversified global growth company focused on engineered products in growth markets where the touch point is a differentiating factor.
Partner Mitchell J. Melnick, Corporate and Business Department Leader for Cramer & Anderson, advised Morse Watchmans. A team of attorneys from the Atlanta, Ga., based law firm Alston & Bird LLP, including Partner Sarah Hess Mackenzie and Associate John K. Schippert, represented TouchPoint.
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, according to a news release published Dec. 15 on the Morse Watchmans website.
“We are thrilled to become a part of the TouchPoint portfolio, which will help us to drive value to a greater audience through our key and asset management solutions,” Tim Purpura, Morse Watchmans, VP of Global Sales & Marketing, said in the news release. “Asset management is a fast-growing segment of the security market, and we will continue to develop innovative technology solutions that serve this segment.”
Morse Watchmans’ suite of key and asset management products includes KeyWatcher Touch, KeyWatcher Fleet for fleet management applications, AssetWatcher for small valuables and devices, KeyPro Software, KeyRings, and more, according to the release.
News of the acquisition was reported widely in industry publications, including Security Systems News, Security World Market, Security Today, Security Info Watch, and others.
About Cramer & Anderson
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