Firmament Acquires NASCENT Technology

Firmament Makes Majority Investment in Navitrans

January 16, 2024

Logistics & Distribution

Firmament has made a majority investment in Navitrans, the Kortrijk, Belgium-based provider of transportation and warehouse management software, with Valsoft remaining as a minority shareholder and Navitrans management remaining in place. The capital will support product development, management initiatives and strategic acquisitions as Navitrans expands its presence across European logistics service providers.

Envase Technologies Acquires SecurSpace

October 5, 2020

Transportation

Envase Technologies, a Firmament-backed provider of cloud-based transportation management software, acquired SecurSpace, a gate management and parking/storage marketplace for the intermodal supply chain. The acquisition integrates SecurSpace’s marketplace and Gate Management System into Envase’s TMS platform to expand capabilities for drayage carriers and yard operators across the United States.

The Firmament Group Invests in Profit Tools and Launches Envase Technologies

May 27, 2020

Software

The Firmament Group completed an investment in Profit Tools, LLC and concurrently launched Envase Technologies, a cloud-based intermodal TMS platform led by Larry Cuddy. Compcare Services, an existing Firmament portfolio company, participated alongside Firmament; financial terms were not disclosed. The move consolidates transportation-focused software capabilities to accelerate technology adoption across the intermodal drayage market.

Firmament Acquires Scanco Software

June 6, 2023

Software

Firmament, a structured equity investor, has acquired Scanco Software, a provider of warehouse and manufacturing automation software. The investment will fund product innovation, support strategic acquisitions, and drive growth while Scanco’s executive management team — including President and CEO Andrew Nunez — remains in place.

Envase Technologies Acquires Tailwind Transportation Software

October 30, 2020

Transportation

Envase Technologies, backed by The Firmament Group, acquired Tailwind Transportation Software to add freight brokerage and over-the-road trucking functionality to its intermodal TMS platform. The acquisition also strengthens Envase's presence in the Canadian market and brings Tailwind's ~500 customers and product suite onto the Envase platform.

Envase Technologies Acquires Infosite Technologies

April 7, 2021

Logistics & Distribution

Firmament-backed Envase Technologies acquired Montreal-area TMS vendor Infosite Technologies to expand its intermodal transportation software suite and strengthen its presence in Canada. The deal adds several hundred customers to Envase’s platform and is Envase’s fourth acquisition in six months, supported by financial partner The Firmament Group.