WiseTech Global completed the acquisition of Blume Global from Apollo and EQT Partners for $414m.

WiseTech Global, a developer of the logistics execution software, completed the acquisition of Blume Global, a provider of a solution facilitating intermodal rail in North, from Apollo, an investment company, and EQT Partners, a private equity firm, for $414m. “Joining the WiseTech Global group means greater scale and resources to make logistics processes more productive, agile, dependable, and sustainable with innovative execution and visibility solutions. We want to thank the team at Apollo for helping to stand up and grow Blume as a standalone company and are thrilled to embark on this next chapter to drive even greater digital innovation in this sector," Pervinder Johar, Blume Global CEO.