Introducing Vistrue
Forks In the Road Lead to Exciting Journeys
Blog Post Written By Lee Reeves, President & CPO of Vistrue
History is filled with examples of people and companies who come to a fork in the road and have made the choice to go in one of two directions.
In 1993, IBM made the choice to move away from computer hardware and to focus on software, consulting, and computer research. Slack started as video game company whose game was unsuccessful but the tool that allowed players to communicate with each other is now one of the most widely used business communication tools used today.
Transcendent Solutions has reached another similar point in its long history. Like many other companies who started in a home office, what we started out as is now a distant memory to what we are today. 1987 saw the establishment of Mintek Corporation, a company focused on providing tags and labels for companies just starting out in the barcode world. In the early 1990s Mintek expanded its offerings to the custom software space providing solutions to companies like Tropicana and Cordis. In 1995 the company focused on offering supply chain management solutions to the Telecom industry and changed the company name to Mintek Mobile Data Solutions. Shortly after, the hospitality industry became a target for the company with a concentration on asset management for individual properties and large management groups. The initial energies focused on barcode printing and scanning technologies transitioned to software development.
An internal ownership change led to the third company name in our history, and we became Transcendent Corporation in 2017. We moved our offices from Dunedin to a newly renovated facility in Oldsmar, FL giving us some room to expand. Once again, an ownership change led to Transcendent Corporation’s acquisition by the Alpine Software Group (https://www.alpinesg.com/) and saw the name changed to Transcendent Solutions, LLC.
In early 2022, Transcendent Solutions once again came to a fork in the road. The leadership at Transcendent and ASG chose to harness the power of focus and separate Transcendent into two separate operating entities. June 28th saw the formation and official announcement of Actabl, the Industry’s First Integrated Hotel Operations, Business Intelligence and Labor Management Platform.
Today ASG announces the launch of Vistrue, a company dedicated to improving the supply chain, asset, and inventory management for providers in the Telecom industry. Currently providing visibility to over $42B in assets and inventories to some of the most influential companies in the Telecom space.
Vistrue’s interfaces, integrations, and business intelligence solutions combine to create a unified platform better serving operators and their business partners. We are committed to supporting the digital transformation of today’s supply chain needs from distribution and logistics to retail inventory management.
Vistrue’s proven solutions provide unmatched insights into the telecom supply chain, combined with powerful, intuitive tools to act on those insights, break down interdepartmental barriers, and improve both operational efficiency and the bottom line. This powerful toolset enhances efficiencies and profitability at the individual, team, and enterprise level.
“Companies today need reliable asset and inventory management to successfully provide products and services to their customers. The information needs to be visible, accurate and accessible wherever decision makers are located,” said Lee Reeves, President of Vistrue. “The focus Vistrue places on accurate, dependable, and accessible data separates our solutions from others in our industry. We do not try to be all things for everyone. We focus on solutions for the telecom industry. We focus on solutions for serialized asset management in retail and other industries where high-value assets need good management. We focus on AI and machine learning to provide our customers with actionable data that tells them of issues before they know they are issues. We do not try to be generalists to appeal to broad strokes of industries. We do not partner our software solutions with physical brick and mortal warehouses and try to be experts in the repair business. From the front end of retail operations, the worker in the warehouse, to middle management and senior leadership the insights our solutions allow for good business decisions made on great data.”
About ASG – ASG, backed by Alpine Investors, is a unique and fast-growing software business that buys and builds market-leading vertical SaaS companies. ASG believes deeply in the power of people and data to grow great organizations, and that sharing knowledge, expertise, and resources across its community of businesses drives exponential growth. Founders of leading SaaS companies continue to trust ASG to grow their businesses and build even stronger legacies for the future. For more information, visit www.alpinesg.com.
About Alpine Investors – Alpine Investors is a people-driven private equity firm that is committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine specializes in investments in middle-market companies in the software and services industries. Its PeopleFirst strategy includes a CEO-in-Residence program which allows Alpine to bring proven leadership to situations where additional or new management is needed post-transaction. Alpine is currently investing out of its $2.25 billion eighth fund. For more information, visit www.alpineinvestors.com.