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Thompson Street Capital Partners makes investment in Gurobi Optimization

Gurobi Optimization, LLC (Gurobi), provider of a leading math programming solver, announced that Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, has made a significant financial investment in Gurobi to help it to continue its growth as a leader in the rapidly expanding prescriptive analytics space. Terms of the deal were not announced.

Gurobi’s commitment to industry-leading performance, ease of use and customer support have made the Gurobi Optimizer today’s solver of choice for more than 1,500 companies in more than 40 industries. Used in mission-critical applications or as a distributed optimization service, Gurobi allows users to state their toughest business problems as mathematical models, and then automatically considers billions – or even trillions – of possible solutions to find the best one. Thompson Street’s investment allows Gurobi to further accelerate growth while maintaining its focus on customer success.

“We’re very excited about the opportunities that come with working with Thompson Street,” says Ed Rothberg, CEO and co-founder of Gurobi. “This investment gives us access to both the capital and business expertise to stay focused on our users’ needs today while developing the capabilities they will want in the future.”

Craig Albrecht, managing director, TSCP says, “We like to partner with companies that are already industry leaders with proven go-to-market strategies. We are thrilled to partner with Gurobi’s superb leadership team to help them accelerate the company’s already outstanding growth without losing sight of what has made the company so successful.”





Headlines

FCC wins 2018 INFORMS Edelman Award

The Federal Communications Commission (FCC) won the 2018 Franz Edelman Award for its use of operations research (O.R.) as part of a revolutionary approach to address the rapidly growing need for additional wireless spectrum in the United States and Canada. The prestigious award, which recognizes outstanding achievement in advanced analytics, O.R. and management science, was presented by INFORMS at the Edelman Gala held April 16 in Baltimore in conjunction with the 2018 INFORMS Conference on Business Analytics and Operations Research. Read more →

BNSF Railway receives 2018 INFORMS Prize

BNSF Railway was awarded the 2018 INFORMS Prize for its pioneering and enduring integration of operations research (O.R.) and analytics programs throughout the organization. The prize was presented at the Edelman Gala held April 16 in Baltimore in conjunction with the 2018 INFORMS Conference on Business Analytics and Operations Research. Read more →

Ethics article earns Mission Award from Notre Dame

An article co-authored by Scott Nestler and David Hunt, both longtime and active members of INFORMS, was named a winner of the Mission Award from the Mendoza College of Business at the University of Notre Dame. The article, “Using INFORMS ethics guidelines in the classroom,” appeared in the February 2017 issue of OR/MS Today (the INFORMS membership magazine). The Mission Award recognizes one or more Notre Dame faculty members for a specific research work that contributes to the common good. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

2018 INFORMS Conference on Business Analytics and Operations Research
April 15-17, 2018, Baltimore

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