In light of the rapidly changing coronavirus (COVID-19) situation, Troutman Sanders and Pepper Hamilton have postponed the effective date of their previously announced merger until July 1, 2020. The new firm – Troutman Pepper – will feature 1,100+ attorneys across 23 U.S. offices. Read more.
Pepper Hamilton represented Green Mountain Technology, LLC (GMT), a parcel spend management company, in an investment by Thompson Street Capital Partners, a middle market private equity investor. GMT is partnering with Thompson Street Capital Partners to capitalize on current opportunities and rapidly scale its growth plans.
GMT works with the world's largest parcel shippers to plan, execute and monitor high-volume parcel networks. Its Parcel Spend Management solution helps businesses compete in today's hyper-competitive parcel marketplace. GMT’s customers represent more than $7 billion in parcel spend and consistently experience a five to ten times return, net of GMT’s fees.
Financial terms of the transaction were not disclosed.