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

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.