--- title: Source Intelligence Partners with ParkerGale Capital and CEO Glenn Trout to Expand Their Supply Chain Compliance Solutions description: Source Intelligence takes on majority investor ParkerGale Capital and combines with Total Parts Plus to create a supply chain compliance leader. image: https://blog.sourceintelligence.com/hubfs/ParkerGale%20Partnership%20Blog%20Feature.jpg --- ![shape background](https://blog.sourceintelligence.com/hubfs/raw_assets/public/Sourceintelligence_April2024/images/headertop.png) [ChainPoint and Compliance Map are now part of Source Intelligence](https://blog.sourceintelligence.com/tag/news) - [Source Academy](https://academy.sourceintelligence.com/?_gl=1*1gjeg4j*_ga*MTEwNzA5MDU1MS4xNzEzMzI4MDE3*_ga_X53KHMS0FW*MTcxMzMyODAxNy4xLjEuMTcxMzMzMzAyMS40OC4wLjA.) - [Careers](https://www.sourceintelligence.com/careers) - [Events](https://www.sourceintelligence.com/events) - [Contact](https://www.sourceintelligence.com/contact) - Log in - [Source Intelligence login](https://app.sourceintelligence.com/portico/?_gl=1*1obc0zd*_ga*MTEwNzA5MDU1MS4xNzEzMzI4MDE3*_ga_X53KHMS0FW*MTcxMzMyODAxNy4xLjEuMTcxMzMzMzAyMS40OC4wLjA.#/) - 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[Medical Devices](https://www.sourceintelligence.com/medical-device-manufacturing) - [Retail & Consumer Packaged Goods](https://www.sourceintelligence.com/retail-consumer-packaged-goods) - [Standards & Sector Initiatives](https://www.sourceintelligence.com/chainpoint-solutions) - [Resource center](https://blog.sourceintelligence.com) - [Careers](https://www.sourceintelligence.com/careers) - [Contact](https://www.sourceintelligence.com/contact) - [Source Academy](https://academy.sourceintelligence.com) - Log in - [Source Intelligence login](https://app.sourceintelligence.com/portico) - [Q-STAR login](https://qstar.qtec.us/Login/UserLogin.aspx) - [CMM login](https://profile.totalpartsplus.com/#/login) - [Parts Plus login](https://www.totalpartsplus.com/pp/login.asp) [Schedule a demo](https://www.sourceintelligence.com/schedule-a-demo) ![](https://blog.sourceintelligence.com/hubfs/ParkerGale%20Partnership%20Blog%20Feature.jpg) # Source Intelligence Partners with ParkerGale Capital and CEO Glenn Trout to Expand Their Supply Chain Compliance Solutions Published by [Source Intelligence](https://blog.sourceintelligence.com/author/source-intelligence) on July 9, 2021 at 2:26 PM ## Source Intelligence takes on majority investor ParkerGale Capital and combines with Total Parts Plus to create a supply chain compliance leader  Source Intelligence, the industry-leading SaaS company for supply chain compliance and transparency, [announces their partnership](https://www.newswire.com/news/total-parts-plus-partners-with-parkergale-capital-and-ceo-glenn-trout-21439444?_gl=1*5g82v4*_gcl_au*MTA0MTY5NDIzNC4xNzI2MTY0MDg1LjIxMzY1MDMyNjcuMTczMjY1NjczMy4xNzMyNjU2NzMy*_ga*MTAwOTI5MTcwOS4xNzI2MTY0MDg1*_ga_MX6T5V36WQ*MTczMjY1NjczMS4zMS4xLjE3MzI2NTY3NDMuNDguMC4w) with a new majority investor,[ParkerGale Capital](https://www.parkergale.com/home) (ParkerGale). ParkerGale specializes in partnering with profitable founder-owned software companies to accelerate growth, develop innovative products, and build world-class management teams. As part of the partnership, Source Intelligence will join ParkerGale's portfolio of companies and merge with Total Parts Plus (TPP), the leading provider of critical parts data for product environmental compliance and lifecycle management. Both Source Intelligence and TPP will retain their current staff and leadership teams under the guidance of new CEO Glenn Trout. Previously, Glenn was the Founder and CEO of VelocityEHS, the leader in Environmental, Health and Safety (EHS) software.  For over a decade, Source Intelligence has delivered the leading supply chain transparency and supplier performance software platform that supports nearly 100 global regulations including corporate sustainability, regulatory compliance, and social responsibility initiatives. The combination of Source Intelligence and TPP will give our customers access to one of the most expansive supplier networks and parts & compliance libraries in the industry. TPP's data collection and validation services along with Source Intelligence's suite of software tools provide a comprehensive solution for data analysis and compliance reporting.  *"Both Source Intelligence and TPP are very excited to be working together moving forward. Together, we have the resources and expertise to support our rapid growth, provide enhanced services to our customers, and combine our supplier networks to create one of the largest databases in the industry,"* says Glenn Trout, who is joining the combined companies as Chief Executive Officer. *"I've had the pleasure of working alongside the Source Intelligence team and have seen firsthand their passion and drive to provide customers with the best technology solutions for supply chain transparency. Our vision is to leverage the strengths of both teams to make supply chain data management and compliance easy and accessible for both small and large enterprises." * Devin Mathews, Partner at ParkerGale, concludes on the new partnership and expanded resources, *"We have known Glenn Trout for over a decade, and we're thrilled to have him leading the combined team. Through our research, it was clear the combination of these two complementary companies could be powerful for companies struggling to stay on top of rapidly changing global regulatory requirements. We couldn't be more excited to be partnering with Glenn and the team to bring these two growing companies together." * **About Total Parts Plus:** Total Parts Plus specializes in environmental compliance and obsolescence management solutions in the form of data content, web-based tools, and hosted services. Total Parts Plus suite of products provide information and reporting on RoHS Compliance, REACH/SVHC, Conflict Minerals, etc... and electronic component obsolescence management to include PCN’s, alternate sourcing, alternate equivalents, and life cycle predictions.  **About ParkerGale:** ParkerGale Capital is a private equity firm based in Chicago that invests in founder-owned technology companies and corporate carve-outs where the firm's operating resources can have a meaningful impact on the outcome. ParkerGale also hosts the Private Equity FunCast available on iTunes, Google Play, and wherever you get your podcasts. Source Intelligence’s comprehensive compliance and sustainability software helps companies ease internal resource burdens and mitigate supply chain risk. Explore our software to learn more about our solutions or schedule a demo to experience our platform firsthand.   [![Explore our software](https://no-cache.hubspot.com/cta/default/3926079/interactive-177188916602.png)](https://blog.sourceintelligence.com/hs/cta/wi/redirect?encryptedPayload=AVxigLLLxFJqc3s4xpM6Ac3UqmTeZYulFltPwhUt%2Ftjp1JJS1Kij5Qq2M0ouBoOrVQafxtmVFOx0bMVMrwIzPnMccBr4ckZ%2FZQYKqQusYRXBZKPvjyjtBDxZlUUKvKax9FmKWkYnKjpDOHfIJck2Jh%2FOOh7KZ2XODu41gjLjwXWV7VFsqHclJnc4U77x1wzrP8E%3D&webInteractiveContentId=177188916602&portalId=3926079)     ### About the author #### Source Intelligence ![Source Intelligence](https://blog.sourceintelligence.com/hs-fs/hubfs/Icon_Logo%20(1).png?width=165&height=182&name=Icon_Logo%20(1).png) [Source Intelligence](https://www.linkedin.com/company/source-intelligence) is a leading provider of supply chain compliance software. It helps global manufacturers manage product compliance, responsible sourcing, and risk across complex supply chains. Its AI-powered, configurable SaaS platform connects supplier, product, and regulatory data to identify risk at the product, component, and material level. This delivers precise, defensible insights that support faster, more confident compliance decisions.   --- Tags: [News](https://blog.sourceintelligence.com/tag/news) [Back to Blog](https://blog.sourceintelligence.com) ## Related Articles ## [New Integration Between Source Intelligence and Sayari Traces Forced Labor and Sanctions Exposure to Individual Parts](https://blog.sourceintelligence.com/new-integration-source-intelligence-sayari) The partnership connects entity intelligence with product, component, and material data to pinpoint... [Read More](https://blog.sourceintelligence.com/new-integration-source-intelligence-sayari) ## [Buyer's Guide: Choosing a Supply Chain Compliance & ESG Partner](https://blog.sourceintelligence.com/buyers-guide-choosing-a-supply-chain-compliance-esg-partner) A 3-Step Guide to Selecting the Right Partner for Your Business [Read More](https://blog.sourceintelligence.com/buyers-guide-choosing-a-supply-chain-compliance-esg-partner) ## [Mastering Packaging EPR: Global trends, data challenges, and solutions](https://blog.sourceintelligence.com/mastering-packaging-epr) Extended Producer Responsibility (EPR) for packaging is gaining momentum worldwide, and 2025 will... 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