Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

LLamasoft Partners with TPG Capital

Experienced technology investor provides new capital to global leader in supply chain software Builds on TPG's thematic approach to investing in the next generation of supply chain technology

Ann Arbor, Michigan; Fort Worth, Texas and San Francisco- May 9, 2017 - LLamasoft, the global leader in supply chain modeling and design software, announced today an investment by TPG Capital, the global private equity fund of leading alternative asset firm TPG.

With over 700 customers around the world, LLamasoft provides innovative software solutions that help companies think more clearly about their supply chain operations and make better decisions to improve service, reduce cost and mitigate risk. LLamasoft's technology includes Supply Chain Guru, the global standard for Supply Chain Design, and this year LLamasoft is rolling out multiple new disruptive applications in the areas of Supply Chain Visibility, Planning, and Demand Modeling. The innovation behind these new applications was driven by collaboration with clients across multiple industries, and fueled by an investment from Goldman Sachs' Merchant Banking Division in 2015.


"This investment and partnership with TPG is a great thing for our customers and the supply chain software market as a whole because we share the vision that supply chain leaders need new disruptive technology that provides better access to information and more advanced capabilities to analyze and optimize their entire supply chain," said Don Hicks, CEO of LLamasoft. "We're proud of the leadership position we've established and of our pipeline of innovative products set for release this year. We look forward to continuing to drive value for our customers by leveraging the expertise and operational know-how of our new partners at TPG."

"Operating in a marketplace that puts significant value on efficiency and customer satisfaction, companies are increasingly regarding their supply chain as strategic. As the undisputed leader in supply chain design software, LLamasoft is set to benefit from an omni-channel world where supply chains matter," said Malte Janzarik of TPG Capital. "The feedback we have received from customer interviews has been outstandingly positive. Customers have increasingly been using the LLamasoft software for their more frequent planning needs in addition to their supply chain design use cases. We are excited to back co-founders Don Hicks and Toby Brzoznowski in disrupting the supply chain space through this 'Planning by Design' approach."

This transaction builds on TPG's track record of partnering with companies that are embracing software and technology to improve business efficiency. LLamasoft marks TPG's second recent investment in the supply chain technology space, following its 2016 investment in Transporeon, a leading European cloud-based business network for industrial logistics. Some of the firm's other investments in platforms and software companies include Advent Software, Airbnb, Eze Software, IMS Health, McAfee, Sabre, Uber and Vertafore.

The transaction is expected to close in the second quarter of 2017 and is subject to customary closing conditions, including regulatory approval. Goldman Sachs, which invested in 2015, will remain a significant shareholder. TPG was advised by Barclays, Kirkland & Ellis and Deloitte while the sellers were advised by DLA. Additional terms of the transaction were not disclosed.

About LLamasoft, Inc.
LLamasoft software helps organizations worldwide design and improve their supply chain operations. LLamasoft solutions enable companies across a wide range of industries to model, optimize and simulate their supply chain network, leading to major improvements in cost, service, sustainability and risk mitigation. Headquartered in Ann Arbor, Michigan, LLamasoft is a leader in supply chain excellence and innovation, advancing technology focused on continuous improvement of enterprise supply chains for the world's largest organizations.

About TPG
TPG is a leading global alternative asset firm founded in 1992 with more than $72 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, Istanbul, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, and Singapore. TPG's investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit https://www.tpg.com/

Media Contacts
LLamasoft, Inc.
Ginger Stegmier
(734) 669-3215
ginger.stegmier@llamasoft.com

TPG
Luke Barrett
(415) 743-1550
media@tpg.com

More Info: https://www.llamasoft.com/llamasoft-partners-tpg-capital/

The Latest

More Stories

Conveyor Solutions, KVK, Electrical Services Group, SIM Aftermarket Services, and SIM Software, combine

Elgin, Il. - October 21, 2024 – Systems in Motion today announced that its new name and brand will be effective immediately. This name change is part of a rebranding initiative, but is also the culmination of the companies’ close working relationship for the past five years and represents their unified strength. Systems in Motion will continue to provide material handling services as a tier-one, turnkey material handling integrator.

The Systems in Motion name creates a single and powerful platform – one that embodies client and industry goals of moving forward – while understanding the complexities and unique objectives of every system. The new brand also signifies the culmination of investment in internal processes that streamline procedures, and deliver a seamless customer experience.

Keep ReadingShow less

Featured

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation


September 24th, Charlotte, NC - HTL Freight, a rising leader in the third-party logistics (3PL), is pleased to announce the acquisition of CTS Logistics, a full-service managed transportation company (4PL) headquartered in Windham, NH. This acquisition, HTL Freight’s fourth major transaction since 2021, reinforces its commitment to delivering exceptional freight solutions across North America.

Keep ReadingShow less
ETIHAD CARGO celebrates 20 years of successful operations in India

ETIHAD CARGO celebrates 20 years of successful operations in India

Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Etihad Airways, is celebrating 20 years of operations in India, a milestone that reflects the airline's ongoing commitment to the Indian market since its first flight to Mumbai on 26 September 2004. Over the years, Etihad Cargo has expanded its presence in India, now offering belly hold capacity via nonstop services between Abu Dhabi and 12 major Indian cities, with plans for further growth.

Etihad Cargo handles over 46,000 tonnes of cargo annually ex India, connecting the country to over 100 global destinations via its Abu Dhabi hub via 588 widebody and narrowbody rotations each month. To meet the needs of specific sectors, Etihad Cargo has enhanced its product range, adding new features and launching new products. Key commodities handled include electronics, including mobile phones and semiconductors, garments, pharmaceuticals, perishables, e-commerce, automobile components and courier shipments, reflecting the diversity and strength of India's manufacturing and export sectors.

Keep ReadingShow less

Xtreme Trucking selects HOPTEK’s Dispatch Engine® solution forreal-time visibility and optimization of fleet operations

Charlotte NC, September 23, 2024 (McLeod User Conference ) – HOPTEK, a global leader in AI-driven trucking and fleet transportation solutions, has been selected by Xtreme Trucking of Wisconsin, one of the U.S.’s leading technology-first transportation and logistics providers, for its Dispatch Engine® solution, a digital platform providing instant visibility and access to the spot load market, while matching available carrier capacity across thousands of possible options. HOPTEK’s “digital twin” will provide real-time visibility and enable Xtreme to boost operational efficiency and fleet utilization, while reducing driver turnover and deadhead miles, resulting in material cost savings and profitability.

Started as a small independent operation in 2006, Xtreme Trucking was formally established in 2009 to become a quality diversified transportation provider, with a growing revenue profile and extensive coverage across the United States. Through HOPTEK’s Dispatch Engine®, Xtreme has leveraged real-time data visibility and dynamic decision-making to drive operational velocity to achieve up to a 20% increase in both Revenue per Hour and Weekly Revenue Miles per Driver – a clear competitive advantage.

Keep ReadingShow less
Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy, a leading provider in supply chain collaboration solutions, and Kinaxis, a global leader in supply chain orchestration, have announced a partnership to develop cutting-edge solutions for brand manufacturing supply chain networks worldwide.

The new partnership aims to catalyze fast-moving consumer goods (FMCG) and life science brands and their supplier networks to work together more effectively through digital transformation solutions, thereby mutually improving costs, service and revenue. Combining the supply chain orchestration capabilities of Kinaxis with the collaborative external manufacturing specialization of Nulogy will enable customers to share forecasts and order information with suppliers and receive inventory capacity information faster.

Keep ReadingShow less