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Private Equity
platformllc.com

Investments

13

Portfolio Exits

3

Funds

2

About Platform Partners

Platform Partners is a private equity financing firm that makes investments in lower middle-market companies.

Headquarters Location

1717 West Loop South Suite 1900

Houston, Texas, 77027,

United States

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Latest Platform Partners News

DelivApp, a Digital Food Ordering Platform Partners With Yango Delivery To Allow Restaurants To Deliver Faster

May 18, 2023

Tel aviv, ISRAEL Tel Aviv, ISRAEL, May 18, 2023 (GLOBE NEWSWIRE) -- As part of the collaboration, Yango's leading delivery app for optimizing deliveries and making them faster and cheaper with machine learning and AI integrates with DelivApp , an online order management platform for restaurant chains. The integration is international and is available to all restaurants using DelivApp and Yango in Israel, Mexico, South Africa, Serbia, UAE, Turkey and other countries. With the new partnership, merchants using DelivApp’s SaaS platform can choose Yango fleet as a fulfillment option. This will allow them to dispatch their overflow or even all orders to Yango couriers. The service is already fully functioning for Golda, the largest Israeli gelato franchise with more than 130 locations. DelivApp powers Golda’s ordering and delivery experience, allowing its franchisees to deliver by themselves or with the help of delivery partners such as Yango. Or Zeno-Rabid, CEO of Yango Delivery: "Our delivery system is based on advanced technologies that allow us to provide the best and the most advanced delivery service in Israel. We are happy to cooperate with DelivApp, another leading technology company, and together help many businesses offer fast and reliable deliveries. We believe that our cooperation will help more restaurants and chains become leaders in food delivery, just as Golda did.” “DelivApp is committed to giving restaurants technological means to establish their digital sales and delivery operations and to be able to do so even for locations that don’t have their own fleets or experience courier shortage," explains Yan Zagatsky, the CEO and co-founder of DelivApp. "We see Yango Delivery as a very reliable and affordable option which proves to work extremely well for our customers.” About DelivApp DelivApp is a SaaS platform for managing on-demand food delivery. Headquartered in Israel, DelivApp serves restaurants and delivery fleets globally and provides them with a white-label ordering experience, loyalty program, merchant portal and app, dispatcher’s dashboard, courier app, tracking functionality, access to external fulfillment options, and more. About Yango Delivery Yango Delivery provides advanced delivery solutions based on machine learning and AI technology for route optimization and courier selection. The company provides last mile services to businesses and other delivery companies. About Golda Golda is the largest Israeli ice-cream franchise chain, established in 2010. Golda operates more than 130 branches in Israel and is establishing its international presence. Contacts

Platform Partners Investments

13 Investments

Platform Partners has made 13 investments. Their latest investment was in JULY as part of their Private Equity on October 10, 2022.

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Platform Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/25/2022

Private Equity

JULY

Yes

2

2/8/2021

Series A - II

Go2Joy

$2.3M

Yes

1

11/18/2020

Private Equity

E-xact

Yes

2

8/4/2020

Private Equity

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10

2/25/2020

Private Equity

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10

Date

10/25/2022

2/8/2021

11/18/2020

8/4/2020

2/25/2020

Round

Private Equity

Series A - II

Private Equity

Private Equity

Private Equity

Company

JULY

Go2Joy

E-xact

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Amount

$2.3M

New?

Yes

Yes

Yes

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Co-Investors

Sources

2

1

2

10

10

Platform Partners Portfolio Exits

3 Portfolio Exits

Platform Partners has 3 portfolio exits. Their latest portfolio exit was Beneplace on October 08, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/8/2019

Acquired

$99M

1

5/11/2017

Acquired

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$99M

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10

9/17/2012

Acq - Fin - III

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$99M

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0

Date

10/8/2019

5/11/2017

9/17/2012

Exit

Acquired

Acquired

Acq - Fin - III

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

1

10

0

Platform Partners Acquisitions

5 Acquisitions

Platform Partners acquired 5 companies. Their latest acquisition was C&W Transporation Services on November 05, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

11/5/2018

$99M

Acq - Fin

1

12/6/2017

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$99M

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10

4/18/2017

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$99M

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10

2/1/2017

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$99M

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10

12/24/2007

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$99M

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0

Date

11/5/2018

12/6/2017

4/18/2017

2/1/2017

12/24/2007

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acq - Fin

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Sources

1

10

10

10

0

Platform Partners Fund History

2 Fund Histories

Platform Partners has 2 funds, including Platform Partners Capital.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/31/2018

Platform Partners Capital

Diversified Private Equity

Closed

$129M

1

4/19/2017

Platform Partners Investment Co LLC

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$99M

10

Closing Date

1/31/2018

4/19/2017

Fund

Platform Partners Capital

Platform Partners Investment Co LLC

Fund Type

Diversified Private Equity

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Status

Closed

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Amount

$129M

$99M

Sources

1

10

Platform Partners Team

5 Team Members

Platform Partners has 5 team members, including current Chief Executive Officer, Fred R. Lummis.

Name

Work History

Title

Status

Fred R. Lummis

Chief Executive Officer

Current

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Name

Fred R. Lummis

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Work History

Title

Chief Executive Officer

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Status

Current

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