Körber Supply Chain Software (Körber / KKR JV) Acquires MercuryGate International
August 6, 2024
Körber Supply Chain Software, a joint venture between Körber AG and KKR, has signed a binding agreement to acquire MercuryGate International, a SaaS-based transportation management system (TMS) provider headquartered in Cary, North Carolina. The deal—where Summit Partners, MercuryGate's 2018 investor, is selling its stake—expands Körber's supply chain execution capabilities by adding MercuryGate's multimodal optimization and execution technology to its portfolio.
- Buyers
- Körber Supply Chain Software, Körber AG, KKR
- Targets
- MercuryGate International Inc.
- Sellers
- Summit Partners
- Industry
- Cloud & SaaS
- Location
- North Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
MercuryGate Acquires International Trade Systems (ITS)
November 14, 2023
Logistics & Distribution
MercuryGate International has acquired International Trade Systems (ITS), a SaaS provider of cross-border customs clearance and global trade management solutions, to integrate customs and trade compliance into its Smart Transportation TMS. The deal adds ITS's customers, technology and more than 40 subject-matter experts to MercuryGate's platform; financial terms were not disclosed.
-
MercuryGate Acquires ClearTrack Information Network
November 8, 2022
Logistics & Distribution
MercuryGate International, Inc. has acquired ClearTrack Information Network to extend its ocean freight procurement, real-time shipment visibility and trade compliance capabilities. ClearTrack, founded in Brentwood, Tennessee, brings container-, order- and item-level tracking and compliance monitoring to MercuryGate's end-to-end transportation management platform; financial terms were not disclosed.
-
MercuryGate Acquires Cheetah Software Systems
April 6, 2021
Transportation
MercuryGate International acquired Cheetah Software Systems to extend its transportation management system (TMS) with last-mile, parcel, LTL and enhanced fleet management and dynamic routing capabilities. The deal integrates Cheetah's live, adaptive logistics optimization into MercuryGate's multi-modal TMS to provide real-time visibility and autonomous route re-optimization for shippers, carriers and private fleets. Terms were not disclosed.
-
Cerberus Capital Management Acquires Kellermeyer Bergensons Services (KBS) from GI Partners
November 2, 2019
Industrial Services
Cerberus Capital Management has agreed to acquire Kellermeyer Bergensons Services, LLC (KBS) from affiliates of GI Partners. KBS is a North American, technology-enabled provider of integrated facility management services serving industrial, commercial, logistics, retail and grocery customers; the transaction is expected to close in Q4 2019 with terms undisclosed.
-
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.
-
Körber Acquires HighJump
August 30, 2017
Software
Körber AG has acquired HighJump, a Minneapolis-based provider of supply chain management and cloud-ready warehouse and transport software, from parent Accellos Holdings and investor Accel-KKR. The acquisition strengthens Körber's logistics software portfolio and establishes a larger US competence center to support the Group's digitization and international growth initiatives.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.