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Industries
Data & Analytics
Consumer Software
Company Size
201-500
Company Stage
Acquired
Total Funding
N/A
Headquarters
Colchester, Vermont
Founded
1972
Vermont Information Processing (VIP) provides technology solutions specifically designed for the beverage industry, including brewers, wineries, spirits suppliers, and non-alcoholic beverage brands. Their software addresses challenges like SKU proliferation by offering tools for warehouse management, sales reporting, analytics, data collection, and pricing strategies. These solutions help beverage companies streamline their operations, enhance decision-making, and boost sales. VIP stands out from competitors by leveraging its deep industry knowledge and specialized expertise, allowing clients to transform their business data into actionable insights. The company's goal is to improve operational efficiency and drive sales for its clients in a competitive market.
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Total Funding
$0
Below
Industry Average
Funded Over
1 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Paid Parental Leave
Hybrid Work Options
Unlimited Paid Time Off
Paid Vacation
On-site Child Care Center (VT)
On-site Fitness Center (VT)
On-site Health Clinic (VT)
Discounted Gym Memberships
Combined Time Off and Floating Holidays
Flex and Hybrid Schedules
401(k) Retirement Plan
401(k) Company Match
ESOP (Employee Stock Ownership Plan)
Profit Sharing
Warburg Pincus has agreed to acquire Vermont Information Processing, a software firm for beverage distributors, for approximately $1 billion, including debt, according to sources. The deal is signed and may be announced soon. Warburg Pincus, a New York-based buyout firm with over $86 billion in assets under management, declined to comment, and Vermont Information Processing has not responded to requests for comment.
(Corrects typo in paragraph 4) (Reuters) - Buyout firm Warburg Pincus has clinched a deal to acquire Vermont Information Processing, which makes software for beverage distributors, for about $1
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Industries
Data & Analytics
Consumer Software
Company Size
201-500
Company Stage
Acquired
Total Funding
N/A
Headquarters
Colchester, Vermont
Founded
1972
Find jobs on Simplify and start your career today