VPL, based in Westerville, Ohio, is a provider of supply chain management software for healthcare organizations. Founded in 2011, the company states it works with more than 700 hospitals, pharmacies and ambulatory surgery centers and more than 6,000 suppliers.
LLR, based in Philadelphia and founded in 1999, invests in a targeted set of industries, with a focus on middle market technology and services businesses. Within healthcare, the firm pursues investments in healthcare IT, outsourced healthcare services, managed care and provider-based organizations.
Terms of the investment were not disclosed.