LLamasoft lands new investment from TPG

The private equity group, which last year invested in TMS provider Transporeon, has sunk an undisclosed sum into the supply chain design software company.    The supply chain modeling and design software provider LLamasoft said Tuesday it has received an investment by the global private equity group TPG Capital.
   The investment, the amount of which was not disclosed by either party, will help LLamasoft in its planned rollout of new supply chain visibility, planning and demand modeling products, the company said.
   “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,” Don Hicks, LLamasoft chief executive officer, said in a statement.
   LLamasoft has more than 700 customers globally using its supply chain design software, including its flagship Supply Chain Guru product. It received a $50 million investment from Goldman Sachs in fall 2015, a year in which it purchased a competitor in IBM’s supply chain design software, and also acquired the software division of the supply chain management provider Barloworld.
   “Operating in a marketplace that puts significant value on efficiency and customer satisfaction, companies are increasingly regarding their supply chain as strategic,” said Malte Janzarik of TPG Capital. “LLamasoft is set to benefit from an omni-channel world where supply chains matter. 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.”
   The investment in LLamasoft is TPG’s second in a year, after it invested in the transportation management software provider Transporeon in 2016. The transaction is expected to close in the second quarter of 2017.