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
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