GAINSystems Continues Rapid Growth Despite Economic Downturn

Chicago-based startup GAINSystems makes comprehensive supply chain optimization products that deliver sustained results with little risk. The company says clients using its software consistently see speedy results that span lower inventories, reduced operating costs, increased plan accuracy, and higher sales.

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The company recently announced that Silicon Valley-based Francisco Partners made an investment in the company. While the amount was not disclosed, they revealed that it was significant, and served as the first institutional capital invested in the company.

"Particularly in today's dynamic economic environment, companies of all sizes need to optimize their supply chains to mitigate risk and improve performance and profitability," GAINSystems Chief Executive Bill Benton said in a statement. "We chose Francisco Partners for their proven ability to enhance value creation for customers within our context of strong growth and focus on delivering best-in-class results."

Francisco Partners has been investing in technology and technology-enabled businesses since its inception in 1999. The firm has raised more than $24 billion in committed capital and invested in more than 300 technology companies making it one of the world's largest technology-focused private equity funds.

"We have spent many years evaluating the supply chain planning market and have long admired GAINSystems for its market-leading product functionality and demonstrated customer results," said Deep Shah, co-president at Francisco Partners. "We are extremely excited to partner with Bill and the rest of the GAINSystems team, as we believe that the opportunity in front of the company is vast and that GAINSystems' solutions will only grow in strategic importance over time as they become a leader in the supply chain planning software market."

In 2019, the company welcomed two new executives to the team as part of its strategic growth initiative – Geoffroy de Carbonnel as SVP Product & Strategy and Dan Dodd as Director of Professional Services.

"As we continue on our results-centric growth journey, we've been fortunate to attract some phenomenal people that share our passion & domain expertise as well as bring distinct perspective to challenge our assumptions," Benton said in a statement. "With their help and several other new team members we will be adding in the near future, we will enhance our mission to lead in artificially-intelligent planning and optimization solutions."