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New Deal


Announced

Completed

Accel-KKR-backed Pinc completed the acquisition of Shipper TMS from Wabtec.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

logistics software

Friendly

Private Equity

Software

Domestic

supply chain solutions

Private

United States

software development

Majority

Completed

Synopsis

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Accel-KKR-backed Pinc, a software platform, completed the acquisition of Shipper TMS, a supply chain optimization software business, from Wabtec, a supplier of freight car and locomotive products. Financial terms were not disclosed. "The combined business will serve as a foundation for a Supply Chain Execution platform focused on comprehensive transportation management software solutions for shippers. The platform will prioritize offerings that serve the origin and termination points in the supply chain with a specific focus on rail, truck, and terminal yard management. Combined with real-time visibility, electronic documentation, analytics, billing, rating and carrier management functionalities, the platform is well positioned to solve multiple transportation challenges in the supply chain industry," Accel-KKR.

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