MercuryGate Acquires TranSolutions to Add Freight Claims Management

Körber Supply Chain Software (Körber / KKR JV) Acquires MercuryGate International

August 6, 2024

Cloud & SaaS

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.

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.

3Gtms Acquires Pacejet

February 25, 2020

Cloud & SaaS

3Gtms, a Tier 1 transportation management system provider backed by Sumeru Equity Partners, has acquired Pacejet, a cloud-based multi-carrier shipping execution software provider. The acquisition (terms undisclosed) combines 3Gtms' 3G‑TM platform with Pacejet's shipping execution capabilities to expand parcel shipping functionality for midmarket and enterprise customers.

GlobalTranz Acquires Cerasis

January 16, 2020

Transportation

GlobalTranz Enterprises, a Phoenix-based technology-driven 3PL, has acquired Cerasis, an Eagan, Minnesota-based provider of third-party multimodal and managed transportation services. The acquisition (closed January 15, 2020) expands GlobalTranz's managed transportation, final-mile and reverse logistics capabilities and strengthens its presence in the Minneapolis area; purchase price was not disclosed.