August Equity completed the investment in Fargo Systems.

August Equity, a private equity firm, completed the investment in Fargo Systems, a transport management system SaaS software business specialising in containerised cargo. Financial terms were not disclosed. “Fargo represents an attractive second platform investment for August Equity Fund VI. It has clear adjacencies to our previous investments in compliance driven software businesses, and we look forward to working with the management team to deliver an array of organic and inorganic growth initiatives using the August Equity playbook,” David Lonsdale, August Equity Managing Partner.