CAI Software, LLC, (“CAI” or “CAI Software”), a portfolio company of STG and a leader in industry-specific enterprise resource planning (ERP), manufacturing execution and supply chain solutions to manufacturers and distributors, today announced that they have acquired Parsable, Inc., a leading cloud-native Connected Worker platform used daily by global tier-1 manufacturers for production, maintenance, quality, safety and ESG.

“Combining CAI Software and Parsable brings digital instructions to manufacturers which layers in with their existing manufacturing execution and warehousing systems to drive production, quality, safety, and operational improvements,” said Brian Rigney, CEO of CAI Software. “As we bring the companies together, we will continue to collaborate with our customers to develop purpose-built solutions to serve the unique requirements of their industry. In our next chapter of growth, I look forward to working with the Parsable team and continuing to innovate the Parsable platform.”

“This marks a pivotal moment for our industry,” says Parsable CEO Matt Belkin. “Together with CAI, we’re setting a new standard, equipping frontline workers with innovative digital tools that elevate productivity, safety, and quality to new heights. This partnership propels us toward a future where manufacturing is more connected, agile, and transformative than ever before.”

“Parsable has been an early innovator and leader in the connected worker vertical and is mission-critical to daily operations of tier-1 manufacturers globally,” said Wesley Jiang, Vice President of STG. “Parsable will deepen CAI’s manufacturing capabilities in providing a comprehensive suite of ERP, supply chain and manufacturing solutions.”