Announced

Completed

Accel-KKR-backed Kaleris completed the acquisition of Locus Software.

Synopsis

Accel-KKR-backed Kaleris, a provider of supply chain optimization technology, completed the acquisition of Locus Software, an operations management system for carriers. Financial terms were not disclosed. "The addition of Locus Software’s capabilities to our industry-leading stowage planning and vessel reporting solution unlocks a new level of value for carriers. Building on the success of our Carrier and Vessel Solutions, our customers will gain new efficiencies from having operations, asset, commercial and financial management activities in one system of record," Kirk Knauff, Kaleris CEO.

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