San Francisco, Calif.-based private equity investment firm Thoma Bravo said its purchase of the global supply chain solutions provider will allow Elemica to expand its client offerings by focusing its resources and investing in new technologies.
San Francisco, Calif.-based private equity investment firm Thoma Bravo, LLC will acquire global supply chain solutions provider Elemica, the company said in a statement.
According to Thoma Bravo, the acquisition will allow Elemica to expand its client offerings by focusing its resources and investing in new technologies. Customers will “benefit from faster time to value while gaining greater returns and realizing better bottom line results,” the company said.
Financial terms of the deal were not disclosed.
Elemica, headquartered in Wayne, Pa., advises clients like Arkema, BASF, Continental, Dow Chemical Company, The Goodyear Tire & Rubber Company, Michelin, and Shell on supply chain optimization, replacing complex manual processes and with more efficient and reliable methods. The company aims to drive bottom line results by cutting operational costs, increasing process execution speeds, automating key business processes, removing transactional barriers, and enabling a seamless flow of information between trading partners.
In business for over 30 years, Thoma Bravo offers equity and strategic support to growing companies, specializing in the software and technology industry. The firm focuses on creating value by partnering with management to accelerate profit growth through operational improvements and strategic add-on acquisitions.
Thoma Bravo said it sees Elemica as “an attractive investment opportunity, with a strong portfolio of products, a talented team, and a great opportunity to support customers through continued organic and inorganic growth.”
“Elemica represents the ideal archetype for what we look for in an investment at Thoma Bravo,” said Partner A.J. Rohde. “The company has developed a patented supply chain and logistics network in key verticals such as chemicals, tire & rubber and other process industries, provides mission-critical applications for its customers, and is run by a world class management team led by John Blyzinskyj, with whom we are thrilled to be partnered.”
“The goal remains to grow Elemica’s business network into a multi-trillion-dollar commerce engine annually,” added Blyzinskyj. “This acquisition will accelerate the time to market for solutions that automate and orchestrate mission critical supply chain processes across a global community of buyers, suppliers and logistics providers. Thoma Bravo’s exceptional track record and proven expertise in our industry will enable Elemica to further capitalize on its growth and leadership.”
Kirkland & Ellis served as legal advisor to Thoma Bravo, while Houlihan Lokey served as financial advisor and Pepper Hamilton served as legal advisor to Elemica.
Elemica acquired by private equity firm
