SIB Fixed Cost Reduction Invests in Shipware
December 15, 2021
SIB Fixed Cost Reduction has made a strategic add-on investment in Shipware, acquiring the transportation spend management and invoice-audit provider to expand SIB’s shipping and logistics cost-reduction capabilities. The transaction was announced by O2 Investment Partners (SIB’s sponsor) and supported by financial partners including Tree Line Capital Partners, Stellus Capital Management, Capital Southwest, and LBC Small Cap.
- Buyers
- SIB Fixed Cost Reduction, O2 Investment Partners
- Targets
- Shipware
- Platforms
- SIB Fixed Cost Reduction
- Industry
- Transportation
- Location
- California, United States
- Transaction Type
- Addon
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