Thompson Street Capital Partners Platform Gurobi Optimization Completes Acquisition of October Sky

Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, recently announced the completion of the acquisition of October Sky by their portfolio company, Gurobi Optimization. This strategic move marks a significant milestone for both companies and sets the stage for growth and expansion in the decision intelligence technology sector. With October Sky's expertise in mathematical optimization services now part of Gurobi's arsenal, customers across industries can expect enhanced solutions to tackle complex business challenges efficiently and effectively.

The acquisition of October Sky by Gurobi Optimization solidifies their position as a leading provider of decision intelligence technology. By leveraging October Sky's extensive knowledge and experience in mathematical optimization, Gurobi is poised to further enhance their offerings and better serve customers not only in Japan but also in the Asia Pacific region. The partnership between Gurobi and October Sky has been in place for over 13 years, with October Sky serving as the exclusive distributor of Gurobi Optimizer in Japan.

Shigeru Watada, President and Co-Founder of October Sky, expressed his excitement about joining forces with Gurobi. He sees this acquisition as an incredible opportunity to expand their reach and accelerate the adoption of mathematical optimization technology in Japan. Watada believes that by bringing their consulting services and training programs to a wider audience, organizations in Japan can optimize their operations and achieve sustainable growth.

Duke Perrucci, CEO of Gurobi, shares Watada's enthusiasm and considers the acquisition of October Sky as a key step in their commitment to helping customers make smarter, faster decisions. Perrucci recognizes the deep knowledge and experience of the October Sky team in mathematical optimization and believes that, combined with Gurobi's industry-leading software and expertise, they can further enhance their offerings and better serve customers in Japan and the Asia Pacific region.

Craig Albrecht, TSCP Managing Director, expressed his satisfaction with the acquisition of October Sky as the first add-on acquisition for Gurobi. He sees the deep expertise and skill of the October Sky team as a unique opportunity for Gurobi to expand its presence in Japan and reach both customers and users more directly.

Thompson Street Capital Partners is a St. Louis-based private equity firm that focuses on investing in founder-led middle market businesses. They have a successful track record of acquiring over 200 companies in various sectors, including Life Sciences & Healthcare Services, Software & Technology, and Business Services & Consumer Products. With more than $4.5 billion in assets under management since its founding in 2000, TSCP partners with management teams to accelerate growth and increase value through organic strategies and complementary acquisitions.

In conclusion, the completion of the acquisition of October Sky by Gurobi Optimization is a significant milestone for both companies. This strategic move allows Gurobi to leverage October Sky's expertise in mathematical optimization services to better serve their customers across industries. With the combined forces of Gurobi and October Sky, customers can expect enhanced solutions to tackle complex business challenges efficiently and effectively. As Thompson Street Capital Partners continues its commitment to supporting founder-led middle market businesses, the acquisition of October Sky represents a unique opportunity for Gurobi to expand its presence in Japan and the Asia Pacific region, reaching both customers and users more directly.