Total Parts Plus, Inc.

Total Parts Plus, Inc. specializes in providing parts and services to enhance supply chain management efficiency. The company focuses on compliance, sustainability, and visibility in supply chains, serving various industries worldwide. Founded in 1998 by Paul Hsu, Total Parts Plus, Inc.

is headquartered in Fort Walton Beach, US. The company has undergone strategic pivots to enhance its service offerings. In July 2021, it was acquired by Source 44 LLC, a portfolio company of Kayne Anderson Capital Advisors and ParkerGale, further aligning its focus on sustainability and compliance in supply chains. Total Parts Plus, Inc.

offers a comprehensive suite of solutions aimed at enhancing supply chain management, with a focus on sustainability and compliance. Their primary offerings include C-Map and ChainPoint solutions, which assist in rigorous data collection, analysis, and reporting for regulatory obligations such as Product Compliance, Responsible Sourcing, Sustainability, and Component Obsolescence. The company caters to diverse clients across multiple industries, including electronics, retail, aerospace, medical devices, and industrial manufacturing, with a significant market presence in North America, Europe, and parts of Asia. Total Parts Plus, Inc.

generates revenue through a flexible transaction structure encompassing subscription-based models for their software solutions and managed services. Clients can opt for delivery models that fit their operational needs, including self-managed SaaS platforms or fully managed services. This structure allows for tailored agreements catering to a wide range of organizations, promoting scalability and a return on investment through improved compliance and operational efficiency. Looking ahead, Total Parts Plus, Inc.

aims to develop new products to enhance its offerings in compliance and sustainability, with launches planned in the upcoming fiscal year. The company intends to expand its market reach into Europe and Asia by mid-2023. The recent acquisition in July 2021 by Source 44 LLC will be pivotal in supporting these initiatives, as the integration aims to leverage enhanced technological capabilities and expanded service offerings.