GS Operating, LLC
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GS Operating, LLC - overview
Location
Irving, TX, US
Primary Industry
Logistics & Distribution
About
Based in California, US, GS Operating, LLC trading as Gexpro Services operates as a global supply chain solutions provider, specializing in the development of production line management, aftermarket, and field installation programs led by its CEO Bob Connors. In December 2019, LKCM Headwater Investments acquired GS Operating, LLC from Rexel Développement SAS. As of May 2022, the company has manufacturing and supply chain operations in over 30 service center sites across nine countries including key geographies in Europe, Asia, North America, South America, and the Middle East with approximately 400 employees. GS Operating, LLC provides comprehensive supply chain management solutions, including a full technology suite offering vendor-managed inventory, materials handling, warehousing, sourcing aggregation, demand forecasting kitting, global logistics management, kitting, digitized order entry, manufacturing localization and import, and engineering.
Its end-to-end project management is designed to support manufacturing OEMs with their engineered material specifications, fulfillment, and requirements to improve the total cost of ownership. Gexpro Services serves customers in six vertical markets, including renewables, industrial power, consumer, and industrial, technology, transportation, aerospace, and defense. The company has generated total sales of USD 260 million in the fiscal year 2020. Following the acquisition, GS Operating, LLC will focus on driving continued growth and providing customer service.
Current Investors
Distribution Solutions Group, Inc.
Primary Industry
Logistics & Distribution
Sub Industries
Outsourcing, Transportation Services, Warehouses, Freight Transportation Services, Analytics & Performance Software, Logistics Software
Website
www.gexproservices.com
Verticals
Manufacturing
Company Stage
Merged
Total Amount Raised
Subscriber access only
GS Operating, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | GS Operating, LLC, TestEquity LLC | - | ||||||||
| Buyout | Completed | GS Operating, LLC | - |
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