Redwood Logistics Acquires Eminent Global Logistics to Expand Platform in Transportation Technology.
M2 EQUITYBITES-May 14, 2019-Redwood Logistics Acquires Eminent Global Logistics to Expand Platform in Transportation Technology
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14 May 2019 - Chicago, US-based logistics company Redwood Logistics has acquired Pennsylvania, US-based transportation management systems provider Eminent Global Logistics to boost current technology integration and consulting services platform through broader system expertise, the company said.
Terms of the transaction were not disclosed.
Eminent complements Redwood's existing knowledge services team and its suite of products for OTM and GTM implementations complements RedwoodConnect, Redwood's connectivity platform for easier implementation of both TMS offerings.
Chicago-based Redwood Logistics, backed by CI Capital Partners, is a next generation, strategically integrated logistics provider with solutions for moving and managing freight.
Eminent is a leading consultant and integrator for Oracle Transportation Management, Global Trade Management and Oracle Warehouse Management.
CI Capital Partners LLC is a North American private equity investment firm that has invested in middle-market companies since 1993.
CI Capital forms partnerships with experienced management teams and entrepreneurs to build substantial businesses through add-on acquisitions, organic growth, and operational improvements.
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|Publication:||M2 EquityBites (EQB)|
|Date:||May 14, 2019|
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