TPG Capital Invests in MK Capital Portfolio Company LLamasoft

TPG Capital Invests in MK Capital Portfolio Company LLamasoft

CHICAGO, IL – May 11, 2017

LLamasoft, Inc., the leading provider of supply chain modeling and design solutions recently announced that it has received a substantial investment from TPG Capital.  The transaction, which is expected to close in the second quarter pending regulatory approval, will provide additional investment to accelerate the next phase of the company's growth.
LLamasoft will continue to operate as an independent business focused on providing the most innovative and capable supply chain decision support solutions in the marketplace.  In addition to the ongoing development and sale of its current suite of supply chain applications, LLamasoft is expanding its existing product portfolio and market reach, including new solutions in the areas of supply chain visibility, planning and demand modeling.  The company's customer roster includes more than 700 organizations with some of the largest and most complex supply chain networks in the world.
The terms of the agreement value the MK investment at more than 12 times the Fund's cost basis "We remain highly enthusiastic about the performance and long-term growth prospects of LLamasoft and look forward to continuing to work with the company to promote its ongoing success and further value creation," said Josh Beebe of MK Capital and a current member of LLamasoft's Board of Directors.
LLamasoft CEO Don Hicks stated, "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 supply chain."
"Don Hicks, Toby Brzoznowski and the team at LLamasoft have done a superb job of defining an emerging market need, building a world class set of products and supporting clients to ensure that they are successful. Their perseverance and persistence is an example for all entrepreneurs in the Midwest.  We are fortunate to have been able to participate in their success," noted Mark Koulogeorge, MK Capital Managing Partner.
 
About LLamasoft, Inc.
LLamasoft software helps organizations worldwide design and improve their supply chain operations.  LLamasoft's solutions enable its customers to model, optimize and simulate their supply chain operations, leading to major improvements in cost, service, sustainability and risk mitigation.  Headquartered in Ann Arbor, Michigan, LLamasoft is a technology provider to many of the world's leading global companies.
 
About MK Capital
MK Capital invests in early and growth stage companies in the software and digital media industries.  The firm's partners, who average over twenty years of venture capital experience, partner with entrepreneurial management teams to build leading companies in emerging markets.  MK Capital manages over $250 million in capital and is actively seeking new investment opportunities.  For more information, visit http://www.mkcapital.com.

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