Shore Points Capital Acquires Newport Systems Inc.
July 23, 2020
Shore Points Capital, a New York–based private equity firm, has acquired Newport Systems Inc., a Wall, New Jersey–headquartered provider of software and mobile technologies for the intermodal transportation industry. Robert Morton, formerly Executive Vice President, was promoted to President and joined the company's board as Shore Points said it will support Newport's continued growth and product development.
- Buyers
- Shore Points Capital
- Targets
- Newport Systems Inc.
- Industry
- Software
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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