--- title: "LLR Partners Completes Growth Capital Investment in PCS Software" description: "PHILADELPHIA, PA and HOUSTON, TX, September 21, 2022, LLR Partners today announced a growth investment in PCS Software (PCS), a leading transportation..." url: https://capstreet.multisites.ai/news/llr-partners-completes-growth-capital-investment-in-pcs-software publisher: Capstreet phone: +1-713-332-2700 contact: https://capstreet.multisites.ai/contact --- # LLR Partners Completes Growth Capital Investment in PCS Software Transportation logisticsPublished September 21, 20223 min read ![Capstreet team members at Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_Z23gxjt.webp) PHILADELPHIA, PA and HOUSTON, TX – September 21, 2022 – LLR Partners today announced a growth investment in PCS Software (PCS), a leading transportation management (TMS) platform provider for shippers, carriers, and brokerages in North America. Existing investor [Capstreet](https://capstreet.multisites.ai/) remains a minority shareholder in the business. LLR’s investment in PCS will support continued organic growth and product innovation plans as well as the pursuit of strategic acquisitions. “Carriers and shippers are facing unrelenting complexities in the supply chain and need an end-to-end platform to access superior integrations, automation and analytics to remain competitive,” said [Michael Pantilione](https://www.llrpartners.com/team-member/michael-pantilione/), Partner at LLR Partners. “PCS manages the full transportation process from planning, dispatch, and asset tracking to general fleet management. We are thrilled to partner with Chris Poelma, the PCS team, and Capstreet, to continue to drive efficiency in the transportation and logistics space with our technology.” PCS’s AI-driven transportation management platform automates the entire transportation logistics operation via a single comprehensive web-based solution. For carriers, PCS automates load bundling, route optimization, and real-time driver tracking, enabling customers to increase profits and track performance. For shippers, PCS optimizes load scheduling and streamlines carrier relationships by providing a real-time view into the best pricing for every shipment, driving additional profit to shippers and giving them total visibility into their supply chain. “LLR brings two decades of experience partnering with technology companies to help them accelerate growth,” said [Chris Poelma](https://pcssoft.com/company/leadership), CEO of PCS Software. “We are excited to leverage their expertise in transportation and fleet management, as well as the core drivers of business growth, to help more mid and large-sized carriers and shippers optimize their supply chain operations.” “We’re proud of the transformation PCS has undergone over the course of our ownership, thanks to initiatives Capstreet executed in partnership with management,” said [Kevin Johnson](https://capstreet.multisites.ai/team/kevin-johnson), Principal at Capstreet. “Over the last three years, we have built out the PCS management team, invested in sales and go-to-market initiatives to expand into new customer segments, upgraded the software architecture, and completed a strategic acquisition. We look forward to partnering with the LLR and PCS teams to take advantage of new opportunities.” Vaquero Capital LLC served as financial advisor to PCS in connection with this transaction. ## About PCS Software PCS Software is an AI-driven transportation management platform leader fielding disruptive innovation for mid-to-large sized enterprise shippers, carriers, and brokers in the United States and Canada. Cloud-based, API-integrated, PCS Software automates the entire transportation logistics operation via a single, comprehensive solution. Accessible via the web or the companion mobile app, the PCS platform delivers powerful functionality to manage rate and route optimization, mode selection, dispatch/tendering, carrier and fleet management, safety and compliance, freight yard management, settlement/accounting and more. For more information, visit [www.PCSSoft.com](http://www.pcssoft.com/). ## About LLR Partners LLR Partners is a private equity firm investing in technology and healthcare businesses. We collaborate with our portfolio companies to identify and execute on key growth initiatives and help create long-term value. Founded in 1999 and with more than $5 billion raised across six funds, LLR is a flexible provider of equity capital for growth, recapitalizations and buyouts. Learn more at [https://www.llrpartners.com/](https://www.llrpartners.com/). ## About Capstreet Founded in 1990, Capstreet invests in lower middle market software, tech-enabled services, and industrial business services companies. With over 45 platform investments and over 200 add-on acquisitions since inception, Capstreet’s investment strategy is focused on utilizing its Capvalue Framework™ to help accelerate growth and profitability and seek to create long term sustainable businesses. The majority of Capstreet’s investments have been with founder- or entrepreneur-owned businesses. For more information, visit the Capstreet website, [www.capstreet.com](https://capstreet.multisites.ai/). ## Terms on this page - [Lower Middle Market](https://capstreet.multisites.ai/glossary/lower-middle-market) - [Private Equity](https://capstreet.multisites.ai/glossary/private-equity) ## Keep reading - [Automotive technology private equity for dealer-focused companiesCapstreet invests in automotive technology businesses that help dealerships. The firm targets solutions for sales, marketing, finance and insurance, and service lane operations. It describes several recent investments in the sector and looks for owners with $3 to $15 million of EBITDA who want a majority capital partner.](https://capstreet.multisites.ai/industries/automotive) - [Business Succession and Exit Options: How to Choose the Right Next Step for Your CompanyOwners have five main exit paths: transfer to family, sell to management, sell to employees through an ESOP, sell to a strategic buyer, or partner with private equity. Each trades price, speed, control and legacy differently. Start planning at least three to five years before you want to step back.](https://capstreet.multisites.ai/business-succession-and-exit-options) - [Buy and Build Strategy: How a Platform Company Grows Through Add-On AcquisitionsA buy and build strategy starts with one well-run platform company and adds smaller businesses to it over time. The goal is a larger, more capable company than any single piece could be. It fits fragmented industries best. Owners of smaller firms can sell to a platform and often stay on.](https://capstreet.multisites.ai/buy-and-build-strategy) - [Construction technology private equity for software ownersCapstreet believes technology can drive large changes in construction efficiency and project delivery. It targets software businesses that support project and financial management for general contractors and sub-contractors. The firm sees the industry as early on its technology adoption curve and looks for owners with $3 to $15 million of EBITDA.](https://capstreet.multisites.ai/industries/construction) - [Capstreet deal criteria: the companies we look forCapstreet looks for entrepreneur-owned business services companies with $3 to $15 million of EBITDA. We make primarily majority investments, and entrepreneurs reinvest alongside Capstreet. We want a tenured team, solid financials, a defensive business model, untapped growth potential and a niche advantage. We invest across 12 industries.](https://capstreet.multisites.ai/deal-criteria) - [The due diligence checklist for owners selling to private equityDue diligence is the buyer's check of your business after you sign a letter of intent. Private equity firms review five areas: financial (quality of earnings), operations, tax, HR and benefits, and legal. Owners who gather clean records before the process starts shorten it and face fewer surprises.](https://capstreet.multisites.ai/guides/due-diligence-checklist-for-owners) ## Ready to get started? Let’s talk. Tell us about your company and what you want next. Conversations are private, and there is no obligation. [Start a conversation](https://capstreet.multisites.ai/contact) [(713) 332-2700](tel:+1-713-332-2700)[connect@capstreet.com](mailto:connect@capstreet.com) ![Capstreet team members at a Houston elementary school for Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_tggWP.webp)