PE Deals

LLR Partners invests in supply chain software provider VPL

The financing will be used for VPL's growth and acquisitions.

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  • VPL’s current investors, Radian Capital and Tamarind Hill, remain minority shareholders in the business
  • Piper Sandler served as financial advisor to VPL in this transaction
  • LLR Partners invests in technology and healthcare businesses

LLR Partners has made an investment in Vantage Point Logistics, a supply chain management software provider. No financial terms were disclosed.

The capital will be used to support VPL’s continued product innovation and organic growth along with the exploration of strategic acquisitions. VPL’s current institutional investors, Radian Capital and Tamarind Hill, remain minority shareholders in the business.

“VPL has developed an innovative platform of supply chain solutions for health systems, specialty pharmacies, and surgery centers bringing efficiency and cost savings to these organizations,” said Zack Sigal, a partner at LLR, in a statement. “Provider consolidation, shifts in site of care, and heightened focus on expense management have caused healthcare organizations to increasingly adopt technology solutions to drive clinical efficiency and savings. We’re excited to partner with VPL as they support more healthcare organizations to deliver more efficient care.”

Piper Sandler served as financial advisor to VPL in this transaction.

LLR Partners invests in technology and healthcare businesses.

Founded in 1999, LLR has more than $5 billion raised across six funds.