E2open Acquires Logistyx Technologies for $185MM
April 8, 2022
E2open Parent Holdings, Inc. acquired Logistyx Technologies, a cloud-based global multi-carrier parcel and e-commerce shipping software provider, for a total purchase price of $185 million. The acquisition (previous owners Kidd & Company and Firmament exited) expands E2open’s parcel management and e-commerce fulfillment capabilities and is expected to accelerate subscription revenue growth and cross-selling to enterprise clients.
- Buyers
- E2open Parent Holdings, Inc.
- Targets
- Logistyx Technologies
- Sellers
- Kidd & Company, Firmament
- Industry
- Cloud & SaaS
- Location
- Illinois, United States
- Transaction Type
- Buyout
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