GEP

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GEP - overview

Established

1999

Location

Clark, NJ, US

Primary Industry

Software

About

Based in the US, GEP operates as an AI-powered procurement and supply chain software provider, delivering innovative solutions to enhance efficiency and effectiveness in enterprise procurement processes. Founded in 1999 in Clark, US, GEP specializes in procurement and supply chain management. The company was co-founded by Jagadish Turimella, Neha Shah, Roopa G. , and Subhash Makhija, who serves as the current CEO.


GEP has maintained a consistent focus on delivering integrated procurement solutions to businesses globally, with offices located in North America, Europe, Asia-Pacific, and the Middle East. GEP specializes in AI-powered procurement and supply chain software, strategy, and managed services, designed to optimize procurement processes for enterprises. Their core products include GEP SMART, a unified source-to-pay platform for direct and indirect procurement, and GEP NEXXE, an AI-first supply chain management tool. These solutions enhance procurement activities such as sourcing, contract management, and spend analysis while improving visibility and control across supply chains.


GEP's clientele spans various industries, including automotive, consumer packaged goods, financial services, and life sciences, serving businesses across North America, Europe, Asia-Pacific, and the Middle East. GEP's business model focuses on B2B transactions primarily through subscription-based arrangements and managed services. Clients engage in long-term contracts that detail service agreements, utilizing advanced procurement solutions. Subscriptions to GEP SMART provide access to tools for procurement operations, including e-sourcing and spend analytics, with pricing structured by the complexity of required solutions, covering flagship offerings like GEP NEXXE and GEP FINA which integrates e-invoicing and compliance solutions.


Revenue streams derive from these subscription fees and consulting services, ensuring scalable solutions tailored to various enterprises worldwide.


Primary Industry

Software

Sub Industries

Logistics & Distribution, Logistics Software

Website

www.gep.com/

Total Amount Raised

Subscriber access only

GEP - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedOpusCapita Solutions Oy-

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