LLR
Partners today announced an investment in Magaya
Corporation, a leading provider of warehouse, cargo and supply chain
management software solutions.
Founded in 2001 by Co-CEOs Jose Yoniel Garcia, Jesus David Rodriguez and
Gabriel T. Ruz, Jr., Magaya helps automate and improve business
operations for freight forwarders, 3rd party logistics,
wholesalers and distributors around the globe.
The company’s complete supply chain management solution covers the full
logistics process to deliver goods from seller to buyer. The software
empowers customers to process orders, manage and optimize their
warehouse, and process shipments with accounting and communication
functionality integrated at every step. Complemented by a wide range of
services, Magaya’s offering includes tailored support and software
education to help deliver cost reduction, reduce risk through the IT
lifecycle, and enhance productivity.
“The Magaya team has built a comprehensive shipping, warehousing and
accounting solution, further enhanced by world-class services,” said
David Reuter, Partner at LLR Partners. “In addition to their technology,
the breadth of Magaya’s reach was particularly impressive, currently
extended to over 1,600 customers of all sizes operating global shipping
routes across more than 75 countries. We are excited to help Magaya
continue to invest in their growth, enhance their solution offerings and
expand the company’s footprint.”
“We were committed to finding a partner who understood our market and
end customer, and could help us grow,” said the three Co-CEOs of Magaya.
“LLR’s track record of scaling software businesses similar to us in
size, coupled with their experience working directly with business
operations solutions for distributors, made the team the clear partner
of choice for Magaya.”
David
Reuter will join the Magaya Board of Directors along with Michael
Pantilione, Vice President at LLR Partners.
About Magaya Corporation
Magaya Corporation develops software that automates and improves
business operations. Our customers include leaders in the fields of
logistics, warehousing, wholesaling and nearly every aspect of the
supply chain. Our philosophy is to simplify complex and redundant
processes to reduce or eliminate inefficiency. The growth of our
customers is our growth, so we dedicate ourselves to helping them
succeed.
In addition to continuously improving our software offering, we provide
a complete range of consulting and implementation services to help your
business accomplish your goals. The ripple effect of us creating the
best products, providing the best customer training and support is we
fulfill our promise to always be ahead. We help you innovate, automate
and be more efficient.
About LLR Partners
LLR Partners is a middle market private equity firm committed to
creating long-term value by growing its portfolio companies. LLR invests
in several industries, with a focus on technology, healthcare and
services businesses. Founded in 1999 and with more than $3.5 billion
raised across five funds, LLR is a flexible provider of capital for
growth, recapitalizations and buyouts. For more information about LLR
and insights on scaling growth companies, visit www.llrpartners.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190426005014/en/