Banyan Software, a company focused on acquiring, building, and growing great enterprise software businesses for life, today announced its acquisition of Shapeshifter, a global leader in optimization solutions for the apparel manufacturing industry.
Founded in 2003 by Dr. Hamish Dean, Shapeshifter provides a cloud-based platform that helps apparel production teams streamline operations, reduce fabric waste, and enhance production efficiency. Shapeshifter’s platform is an end-to-end solution that automates fabric costing, fabric buying, and fabric cutting. By reducing lead times and minimizing production waste, the solution enables manufacturers to secure more contracts and operate with greater efficiency and sustainability.
““We are thrilled to welcome Shapeshifter to Banyan Software. Dr. Dean and his team have built a truly exceptional business with a unique value proposition for the apparel manufacturing industry. We look forward to supporting their continued success and helping them scale their impact globally.”
Arun Srinivasan • Operating Partner at Banyan Software
“I am excited to partner with Banyan Software as we enter the next phase of Shapeshifter’s journey. Their long-term perspective and focus on growth make them the perfect partner to help Shapeshifter scale while staying true to our mission of delivering value and innovation to our customers.”
Dr. Hamish Dean • Founder of Shapeshifter
About Shapeshifter. Founded in 2003, Shapeshifter delivers advanced optimization solutions to apparel manufacturers worldwide. Its proprietary platform reduces material costs, improves operational efficiency, and enables competitive success in the fast-paced textile industry. Learn more at shapeshifter.com.
About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. Banyan’s mission is to acquire, build, and grow great enterprise software businesses all over the world with dominant positions in niche verticals. Founded in 2016, the company follows a buy-and-hold-for-life strategy, and is set up with a permanent capital base to preserve the legacy of founders. As a purpose-driven company, Banyan is committed to making an enduring, positive impact on the world.
