Morse Watchmans, an industry leader in key control and asset management systems, has been acquired by TouchPoint, a privately held diversified global growth company focused on engineered products in growth markets where the touch point is a differentiating factor. 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.
“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,” says Tim Purpura, Morse Watchmans vice president of global sales and marketing. “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 and KeyRings.
TouchPoint is based in Concordville, Pennsylvania. 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 and Vanas Intralogistics
3. Medical Technology: ITD and TouchPoint Medical
TouchPoint companies have more than 4,500 employees in 27 countries and serve more than 80,000 customers in nearly 100 countries throughout the world.
