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New Deal


Announced

Completed

project44 completed the acquisition of Convey for $255m.

Financials

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Transaction Value£185m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Domestic

Majority

Acquisition

Friendly

Private

Completed

Single Bidder

United States

supply chain management software

Synopsis

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project44, a provider of real-time supply chain visibility solutions, completed the acquisition of Convey, a developer of a supply chain management software, for $255m. "project44 is solving today’s most critical business challenge - how to deliver on continuously evolving customer expectations while remaining operationally efficient during unprecedented uncertainty and growing complexity. Our acquisition of Convey brings project44 all the way to the front doorstep and helps our partners become more proactive and efficient so they can get people the products they want and need this holiday and beyond," Jett McCandless, project44 CEO and Founder.

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