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News & Events
12/17/2009—When a lift-truck operator moves something, they typically have to do at least three manual points of data entry, either by bar-code scan or keyboard. Rush Tracking Systems claims that an RFID enabled lift-truck can perform the same move operation without any human intervention.
12/4/2009—Rush Tracking Systems, Sky-Trax and RFID Journal will present an informational webinar to discuss leveraging indoor lift truck automatic load ID and location data to optimize warehouse operations. View the webinar on-demand.
11/24/2009—If you want to know whether a technology has a future, it’s always wise to follow the money. When private equity buys into something, it’s considered a vote of confidence. Last week forklift-mounted radio frequency identification (RFID) received that nod when Pharos Capital Group, LLC of Nashville and Dallas acquired Rush Tracking Systems, an RFID business process consulting and systems integration company.
11/17/2009—Toby Rush didn't think his company would be a fit for private equity even after an early summer cold call from Pharos Capital Group. But after some persistent follow-up calls and explanation of Pharos's growth equity model, Rush found himself selling his business, Rush Tracking Systems, to the firm. Rush sold so that Pharos' capital could be used to fund growth and investment in the business.
11/16/2009—Pharos Capital Group and Rush Tracking Systems today announced Pharos’ acquisition of Rush Tracking Systems and investment of strategic capital in the company. Acquisition underscores confidence in RFID industry leader’s management team, world-class business consulting services, innovative VisiblEdge RFID lift truck solution, and growth potential of the RFID industry.
11/16/2009—Rush Tracking Systems played into the growing interest in RFID by consulting with companies across a broad array of industries. Eventually Rush turned to a specific niche — warehousing and logistics — and today sells a tracking system that allows a forklift to pinpoint a specific pallet in a warehouse.
11/16/2009—Rush Tracking Systems, an RFID systems integrator and solutions provider based in Lenexa, Kan., has been acquired by Pharos Capital Group, an investment firm with offices in Nashville, Tenn., and Dallas, Texas. The terms of the acquisition have not been disclosed, though both companies indicate Rush Tracking Systems will continue operating independently, and that it will receive an infusion of new capital.
11/16/2009—Rush Tracking Systems has sold for an undisclosed amount to private equity firm Pharos Capital Group LLC, which also is investing strategic capital. That means a deep-pocketed owner and accelerated growth potential but few other changes for Lenexa-based Rush Tracking, which will keep its headquarters, management and staff, the companies said. Rush helps businesses integrate and make the most of radio-frequency identification tracking technologies. Its VisiblEdge product, for example, helps forklifts find loads in warehouses to within a few inches.
10/23/2009—Watch an informational videocast on demand from Rush Tracking Systems and Supply Chain Digest on how to leverage indoor lift truck automatic load ID and location data to optimize warehouse operations.
10/12/2009—Rush Tracking Systems presents an informative webinar on how to cost-effectively and efficiently track pharma inventory and material handling assets to within inches. View the webinar on demand.
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