Trimble to Acquire Transporeon for €1.88 Billion

Hg Acquires Majority Stake in Transporeon Group from TPG Capital

April 16, 2019

Cloud & SaaS

Hg has agreed to acquire a majority interest in Transporeon Group, the Ulm-headquartered cloud-based logistics platform, from existing investor TPG Capital; terms were not disclosed. Transporeon, which employs about 600 people and connects over 1,000 shippers and ~90,000 carriers via its SaaS platform, will be backed by Hg's Hg8 fund to accelerate product and geographic growth and leverage its network effects.

Uber Freight Acquires Transplace from TPG Capital for $2.25B

July 22, 2021

Logistics & Distribution

Uber Freight has entered into a definitive agreement to acquire Transplace from TPG Capital for approximately $2.25 billion, consisting of up to $750 million in Uber common stock and the remainder in cash. The deal combines Uber Freight's large digitally-enabled carrier network with Transplace's managed transportation and shipper-facing technology to create a scaled end-to-end logistics platform and accelerate Uber Freight's path to profitability.

Banyan Software Acquires Trans Plus Software

September 18, 2020

Software

Banyan Software has acquired Trans Plus Software, a Guelph, Ontario–based provider of Transportation Management Systems (TMS) and fleet/logistics management software. Banyan said it will invest in Trans Plus’s technology and team to grow the business as part of its strategy to acquire and scale enterprise software companies.

Transplace Acquires Lanehub to Enhance Transportation Collaboration Technology

January 14, 2020

Transportation

Transplace has acquired Lanehub, a Green Bay–based cloud platform that matches recurring freight lanes to connect shippers and carriers and reduce empty miles. The deal adds Lanehub's collaboration marketplace and customer base across CPG, food, retail, manufacturing and automotive to Transplace's transportation management and logistics technology capabilities.

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.

Transit Technologies Acquires TripShot

March 4, 2024

Transportation

Transit Technologies has acquired TripShot, a Silicon Valley–founded fleet management software company, to integrate TripShot's mobility platform into its AI-powered transit solutions. The acquisition expands Transit Technologies' capabilities across fixed-route, demand-response, safety/compliance and non-emergency medical transportation services and will broaden its product offering for public and private transit customers.