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Announced

Completed

FSN Capital-backed Ecovium completed the acquisition of Mantis.

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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Cross Border

Private

Majority

Friendly

it logistics

Merger

Completed

Single Bidder

IT Services: Other

Greece

Private Equity

Acquisition

Synopsis

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FSN Capital-backed Ecovium, a logistics IT specialist, completed the acquisition of Mantis, an international WMS vendor. Financial terms were not disclosed. “Logistics is increasingly global, spanning multiple companies. Our customers must meet diverse requirements more and more quickly because logistics processes know no borders. A single IT provider is no longer able to support all processes. That’s why we have positioned ourselves as a group with interlocking logistics modules. Through the complementary portfolio and know-how of Mantis, we can offer our customers international supply chain management solutions,” Jasmino Burkic, Ecovium CEO.

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