Apax and LLR Partners completed the acquisition of a majority stake in Magaya.

Private equity firms Apax and LLR Partners completed the acquisition of a majority stake in Magaya, a provider of supply chain automation and logistics software. “Magaya’s Digital Freight Platform enables logistics service providers to digitize manual processes, optimize operations and achieve real-time visibility through its highly configurable software suite, clear and transparent pricing model, and commitment to customer service and training. A key tenet of the Apax Funds’ thesis is to build upon Magaya’s momentum and expanding list of US and international enterprise profile customers by further increasing the company’s investments to satisfy their growing requirements,” Dave Evans, Apax Partner.