Neopost Acquires Majority Stake in Temando

Tenzing Acquires Mandata from LDC

October 7, 2021

Cloud & SaaS

Tenzing has acquired Newcastle-headquartered transport management software provider Mandata from mid-market private equity firm LDC. Mandata is a SaaS-based TMS serving UK haulage and carrier SMEs (about 120 employees, ~2,000 customers); financial terms were not disclosed and the deal follows LDC's 2018 investment that supported acquisitive growth and product development.

American Express Acquires Nipendo

January 12, 2023

Payments & Fintech

American Express has entered into an agreement to acquire Nipendo, an Israel-based provider of cloud-based procure-to-pay and B2B payments automation. The acquisition is intended to expand American Express's B2B payments capabilities by integrating Nipendo's team, technology and automation for procure-to-pay, accounts payable and receivable processes.

Posti Acquires Aditro Logistics from Valedo Partners

February 24, 2020

Logistics & Distribution

Posti Group Oyj has acquired Aditro Logistics Holding AB, a leading third-party logistics provider in Sweden and Norway, from Valedo Partners Fund II AB, management and the board. Financial terms were not disclosed; Aditro grew under Valedo to over SEK 1 billion in revenue and operates ~230,000 sqm of logistics space across multiple centers.

Mandata Acquires Returnloads.net

June 23, 2020

Logistics & Distribution

Northumberland-based transport management software provider Mandata has acquired Returnloads.net, the UK's largest online haulage and freight exchange, in a deal funded by LDC with debt facilities from Santander. The acquisition will expand Mandata's digital services and customer base by integrating Returnloads.net's load-matching marketplace with Mandata's transport management platform.

Argano Acquires Netlogistik

April 29, 2025

IT Services

Argano has acquired Netlogistik, a strategic advisory and consulting firm specializing in digital supply chain solutions, as part of a transformational growth program. The deal expands Argano's supply chain capabilities and delivery footprint across Mexico, Colombia and the United States, and brings nearly 600 Netlogistik employees and deep expertise in Blue Yonder, SAP, Azure-managed environments and Honeywell automation to the combined firm.

Multiply Group Acquires Controlling Stake in Tendam

February 25, 2025

Retail

Multiply Group has acquired a 67.91% controlling stake in Castellano Investments S.À R.L. (owner of Tendam Brands S.A.U.), in a transaction valuing Tendam at approximately AED 5.6 billion (€1.3 billion). The deal — in which CVC (via Llano Holdings) and PAI Partners (via Arcadian Investments) remain minority shareholders — doubles Multiply's operational EBITDA and positions Tendam as the anchor of Multiply's new Retail & Apparel vertical as the group pursues international expansion and technology-led capability building.