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New Deal


Announced

Aptean to acquire V-Technologies.

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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Software

Acquisition

United States

Pending

Private

shipping software

Majority

Domestic

Friendly

Single Bidder

Synopsis

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Aptean, a global provider of mission-critical enterprise software solutions, agreed to acquire V-Technologies, a provider of integrated shipping software solutions. Financial terms were not disclosed. "With evolving sourcing needs and continued growth in ecommerce, the market is demanding faster, integrated shipping and fulfilment solutions. Our acquisition of V-Technologies will enable accelerated product development for current V-Technologies customers while also expanding Aptean’s logistics capabilities and strengthening our value proposition. We look forward to welcoming V-Technologies’ talented employees to Aptean and continuing its long-standing, positive partnerships with national and regional carriers as we continue to provide customers with leading logistics solutions," TVN Reddy, Aptean CEO.

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