WiseTech Global Acquires Blume Global

February 16, 2023

WiseTech Global acquired Blume Global from funds managed by Apollo, EQT and other minority shareholders for US$414 million. The acquisition adds Blume's intermodal rail connectivity and supply-chain execution capabilities to WiseTech's CargoWise platform, strengthening its landside logistics offering in North America.

Buyers
WiseTech Global
Targets
Blume Global
Sellers
Funds managed by Apollo, EQT, Other minority shareholders
Industry
Software
Location
California, United States
Transaction Type
Buyout

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