IFS completed the acquisition of 7bridges.

Synopsis

IFS, a provider of Industrial AI software, completed the acquisition of 7bridges, an AI-powered supply chain management solution provider. Financial terms were not disclosed. The move strengthens IFS's position as the Industrial AI leader by expanding its capabilities in logistics and transportation optimization.

Principals

target

7BRIDGES

bidder

Ifs

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Market Context

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Seller Team (1)

philip ashton

CEO at 7BRIDGES

Manager

target

Deal

n/a

Total Value

Bidder Team (3)

mairi morgan

Director of Corporate & Executive Communications North America at IFS AB

Manager

bidder

Deals

£ 564 M

Total Value

adam gillbe

Director of Corporate & Executive Communications Europe at IFS AB

Manager

bidder

Deals

£ 564 M

Total Value

mark moffat

CEO at IFS AB

Manager

bidder

Deals

£ 564 M

Total Value

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