Announced
Synopsis
Lone View-backed CargoSprint, a provider of innovative payments and workflow orchestration solutions for the cargo industry, agreed to acquire Advent eModal, a port community platform. Financial terms were not disclosed. "Our vision has always been to improve the efficiency of global commerce through technology. Joining forces with Advent eModal is a unique opportunity to combine two talented and like-minded organizations that have developed highly complementary freight payments and workflow orchestration solutions. Together, we have the capacity to invest even more heavily in our customers’ success and meaningfully accelerate the pace of innovation in the industry," Caro Krissman, CargoSprint CEO.
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