Trimble Acquires Transporeon from Hg for €1.88 Billion

Hg Acquires Majority Stake in Transporeon Group from TPG Capital

April 16, 2019

Cloud & SaaS

Hg has agreed to acquire a majority interest in Transporeon Group, the Ulm-headquartered cloud-based logistics platform, from existing investor TPG Capital; terms were not disclosed. Transporeon, which employs about 600 people and connects over 1,000 shippers and ~90,000 carriers via its SaaS platform, will be backed by Hg's Hg8 fund to accelerate product and geographic growth and leverage its network effects.

Uber Freight Acquires Transplace from TPG Capital for $2.25B

July 22, 2021

Logistics & Distribution

Uber Freight has entered into a definitive agreement to acquire Transplace from TPG Capital for approximately $2.25 billion, consisting of up to $750 million in Uber common stock and the remainder in cash. The deal combines Uber Freight's large digitally-enabled carrier network with Transplace's managed transportation and shipper-facing technology to create a scaled end-to-end logistics platform and accelerate Uber Freight's path to profitability.

Transplace Acquires Lanehub to Enhance Transportation Collaboration Technology

January 14, 2020

Transportation

Transplace has acquired Lanehub, a Green Bay–based cloud platform that matches recurring freight lanes to connect shippers and carriers and reduce empty miles. The deal adds Lanehub's collaboration marketplace and customer base across CPG, food, retail, manufacturing and automotive to Transplace's transportation management and logistics technology capabilities.

Horizon Air Freight Acquires Transmarine Navigation Corporation

December 31, 2022

Transportation

Horizon Air Freight announced the acquisition of Transmarine Navigation Corporation, completed in Q4 2022, to expand its port agency and in-port logistics capabilities across North and South America. The deal combines Horizon’s global warehousing and last-mile delivery network with Transmarine’s port call agency presence at 12 ports, enhancing services for ship owners, operators, and charters.

MercuryGate Acquires TranSolutions to Add Freight Claims Management

July 24, 2019

Cloud & SaaS

MercuryGate International has acquired TranSolutions, a provider of freight-claims management software (myEZClaim), to integrate claims management into MercuryGate’s transportation management system (TMS) platform. The acquisition expands MercuryGate’s SaaS transportation offering and aims to improve claims workflow, analytics and efficiency for shippers, 3PLs and carriers; terms were not disclosed.

Banyan Software Acquires Trans Plus Software

September 18, 2020

Software

Banyan Software has acquired Trans Plus Software, a Guelph, Ontario–based provider of Transportation Management Systems (TMS) and fleet/logistics management software. Banyan said it will invest in Trans Plus’s technology and team to grow the business as part of its strategy to acquire and scale enterprise software companies.