Announced

Completed

KKR-backed Körber completed the acquisition of Enspire Commerce and the freight audit and payment business from enVista.

Synopsis

KKR-backed Körber, an international technology group, completed the acquisition of Enspire Commerce, a commerce platform, and the freight audit and payment business from enVista. Financial terms were not disclosed. "Körber is the trusted fulfillment and distribution technology partner for thousands of organizations worldwide. Acquiring enVista's commerce platform enables our customers to manage the life cycle of the order from multiple demand sources and network-wide inventory. The freight audit and payment service provides a single source of transportation visibility and tracking typically not available in ERP or TMS solutions. This, with the addition of enVista CEO Jim Barnes and 400 commerce and transportation experts, furthers our ambition to be a global supply chain software champion through an integrated solution suite," Chad Collins, Körber CEO Software, Business Area Supply Chain.

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