The technology investment fund experienced brings new capital to the world leader in software for supply chain design
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This partnership is part of the thematic approach of GPT of investing in the technology supply chain for new generation
Ann Arbor / Fort Worth / San Francisco (United States)-may 18, 2017 LLamasoft, the global leader in supply chain design (modeling and design of supply chain and logistics), announced the acquisition of a stake to TPG Capital, the private investment fund international GPT.
Strong of more than 700 customers around the world, LLamasoft offers innovative software solutions that help businesses to think more clearly about their supply chain operations and to optimize their decisions in order to improve their services, reduce costs and mitigate risks. The technology of LLamasoft already includes Supply Chain Guru, the worldwide standard in the design of a supply chain and, this year, the company has several new, revolutionary applications in the fields of visibility of the supply chain, planning and demand modeling. Innovation at the heart of these innovations is the fruit of collaboration with clients from multiple sectors, fueled by an investment of the corporate banking division of Goldman Sachs in 2015.
“This investment and our partnership with TPG are great news for our customers and for the software market for supply chain in general because we share the vision that the leaders of the supply chain need new groundbreaking technologies that improve access to information and provide more advanced tools to analyze and optimize their entire supply chain,” said Don Hicks, CEO of LLamasoft. “We are proud of our leader in which we are raised, as well as our pipeline of innovative products, whose launch is planned for this year. We look forward to continuing to generate value for our clients by drawing on the expertise and operational know-how of our new partners at TPG. ”
“On a market that attaches a great importance to the efficiency and to the satisfaction of the customer, companies are increasingly seeing their supply chain as strategic. The undisputed Leader of the software design of supply chain, LLamasoft can only benefit from a world omnicanal where the supply chain into account “, stressed Malte Janzarik of TPG Capital. “The feedback received from customers are extremely positive. They use more and more software LLamasoft for their needs on a more frequent schedule, apart from the design of the supply chain. We are very happy to bring our support to co-founders Don Hicks and Toby Brzoznowski to revolutionize the stage of the supply chain through this approach, Planning by Design. ”
This transaction is part of the right over the partnership of TPG with companies that use software and technology to gain efficiency. LLamasoft is the second recent investment by TPG in the field of technologies of supply chain after acquisition of an equity interest, in 2016, in Transporeon, a leading european cloud networking company for the industrial logistics. Among the other platforms and publishers of software in which the company has invested include Advent Software, Airbnb, Eze Software, IMS Health, McAfee, Sabre, Uber and Vertafore.
The transaction is expected to be finalized in the second quarter of 2017, and remains subject to customary conditions, including regulatory approval. Goldman Sachs, which had invested in LLamasoft in 2015, will remain a shareholder of the weight. TPG was advised by Barclays, Kirkland & Ellis, and Deloitte, whereas the sellers were by DLA. The other terms and conditions of the transaction have not been disclosed.
About LLamasoft, Inc.
The software of LLamasoft can help companies around the world to design and improve the operations of their supply chain. Its solutions enable companies from a broad range of industries to model, simulate and optimize their network of supply chain and its flows, which led to major improvements in cost, service, sustainability and risk mitigation. Based in Ann Arbor, Michigan (United States), the company LLamasoft is a recognized leader for excellence and innovation in the supply chain, ensuring the advancement in technology focused on the continuous improvement of the supply chain within the world’s largest companies.
About TPG
TPG is a global company of management of alternative investments of the first plan established in 1992, which manages assets valued at more than $ 72 billion and has offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, Istanbul, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, São Paulo and Singapore. The investment platforms of TPG cover a wide range of asset classes, including private equity, growth capital, real estate, credit, and equity financing. TPG offers products and dynamic options to its investors, while supporting its investment strategy and the performance of its portfolio over the discipline and operational excellence. For more information, please visit the website http://www.tpg.com/
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