Sumeru-backed 3Gtms completed the acquisition of Pacejet.

Sumeru-backed 3Gtms, a global provider of transportation management software, completed the acquisition of Pacejet, a provider of enterprise cloud-based, multi-carrier shipping software. Financial terms were not disclosed. "3Gtms is laser-focused on delivering an exceptional customer experience in addition to providing high-value generating transportation management and execution solutions that evolve with the times. Pacejet reflects the same values and goals. With this strong foundation in place, as well as with SEP’s partnership, we are confident in our collective teams’ ability to realize the significant potential in market expansion as well as existing customer and employee opportunity that the joining of our two companies represents," Mitch Weseley, 3Gtms CEO and Founder.