Astira Capital completed the acquisition of ConData Global from NextGen.

Astira Capital Partners, a private equity firm focused on investing in leading technology and data-driven services companies, completed the acquisition of ConData Global, a freight post audit and transportation spend analysis provider, from NextGen, a private equity firm. Financial terms were not disclosed. “ConData has transformed the freight post-audit industry. Unlike competitors who rely on spreadsheets and manual processes, ConData has developed proprietary technology to ingest and transform large volumes of data across a wide range of formats, and they leverage machine learning technology and proprietary algorithms to automate the process of identifying complex billing errors. Their hybrid model, combining technology and expert audit staff with decades of experience, is highly differentiated and delivers best-in-class client outcomes," Chris Ritchie, Astira Partner.