Green Mountain Technology (“GMT”), the leading parcel spend management solutions provider, has received funding from Thompson Street Capital Partners.
- GMT provides differentiated parcel spend management and network optimization solutions to the world’s largest brands, OEMs, and distributors
- Highly advanced analytics technology integrates seamlessly into customer workflows
- Focused on customer experience and driving significant cost ROI and operational excellence
- Over $7 billion in annual parcel spend managed on behalf of customers such as Macy’s, Granger, Pfizer, and Apple
About Green Mountain Technology
Green Mountain Technology (GMT) partners with the world’s largest parcel shippers to plan, execute and monitor high volume parcel networks. The Company’s Parcel Spend Management (PSM) solution helps businesses compete in today’s hyper-competitive parcel marketplace with best-in-class parcel audit and invoice automation, advanced analytics, optimization, and contract management projects. GMT manages over $7.0 billion in annual parcel spend on behalf of Fortune 500 customers.
About Thompson Street Capital Partners
Thompson Street Capital Partners is a St. Louis-based private equity firm focused on investing in founder-led middle market businesses. Principals of the fund have acquired more than 150 companies in the Software & Technology Services, Business Services & Engineered Products, and Healthcare & Life Science Services sectors and have managed more than $2.6 billion since being founded in 2000. TSCP partners with management teams to increase value by accelerating growth, both organically and via complementary acquisitions.
Transaction Details
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SectorsIndustrial Software
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ServiceCapital Raise
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OwnershipInvestor-Backed
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PracticesSponsor CoverageSupply Chain Technology