M&A Deal Summary

BluJay Solutions Acquires LeanLogistics

On May 2, 2016, BluJay Solutions acquired software company LeanLogistics from Brambles for 115M USD

Acquisition Highlights
  • This is BluJay Solutions’ 3rd transaction in the Software sector.
  • This is BluJay Solutions’ largest (disclosed) transaction.
  • This is BluJay Solutions’ 2nd transaction in the United States.
  • This is BluJay Solutions’ 1st transaction in Michigan.

M&A Deal Summary

Date 2016-05-02
Target LeanLogistics
Sector Software
Buyer(s) BluJay Solutions
Sellers(s) Brambles
Deal Type Divestiture
Deal Value 115M USD

Target

LeanLogistics

Holland, Michigan, United States
website
LeanLogistics is a global solutions provider of software-as-a-service (SaaS) transportation management technology and supply chain services. The company delivers complete transportation planning, execution, settlement, and procurement, as well as visibility and business intelligence, to improve transportation processes, increase efficiency, and reduce costs. LeanTMS enables shippers to scale infrastructure and business processes while gaining efficiencies to improve service offerings.

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Buyer(S) 1

Buyer

BluJay Solutions

Holland, Michigan, United States

website


Category Company
Founded 1972
Sector Software
DESCRIPTION

BluJay Solutions is a provider of cloud-based, logistics execution platform. BluJay Solutions was founded in 1972 and is based in Holland, Michigan.


DEAL STATS #
Overall 4 of 10
Sector (Software) 3 of 8
Type (Divestiture) 2 of 2
State (Michigan) 1 of 1
Country (United States) 2 of 3
Year (2016) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-30 IBM - Sterling Transportation Management System

Armonk, New York, United States

IBM's Sterling Transportation Management System is a SaaS-based transportation management system [TMS]. Business comprises transportation management system and is located in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 Blackbay

Derby, United Kingdom

Blackbay Ltd. is a provider of mobility-enabled solutions for the transport and logistics industry. The Company’s configurable end-to-end products ensure first time, on time, every time delivery by connecting the shipper, operations, management, the driver and crucially the customer with real-time data and automated workflows to create smarter Delivery Companies.

Buy -

Seller(S) 1

SELLER

Brambles

Sydney, Australia

website


Category Company
Founded 1875
Sector Transportation
Employees12,000
Revenue 4.7B USD (2020)
DESCRIPTION

Brambles is a supply-chain logistics company operating primarily through the CHEP and IFCO brands. Brambles enhances performance for customers by helping them transport goods through their supply chains more efficiently, sustainably and safely. The Group's primary activity is the provision of reusable unit-load equipment such as pallets, crates and containers for shared use by multiple participants throughout the supply chain, under a model known as "pooling". Brambles primarily serves the fast-moving consumer goods (e.g. dry food, grocery, and health and personal care), fresh produce, beverage, retail and general manufacturing industries, counting many of the world's best-known brands among its customers. The Group also operates specialist container logistics business serving the automotive sector. Brambles was founded in 1875 and is based in Sydney, Australia.


DEAL STATS #
Overall 2 of 6
Sector (Software) 1 of 1
Type (Divestiture) 2 of 5
State (Michigan) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-09 Ferguson Group

Kintore, United Kingdom

Ferguson Group is primarily a provider of approximately 18,500 common, standardised containers for the transport of a wide variety of equipment, fluids and other items to and from customer facilities. It has regional hubs in the UK, Norway, Singapore, Australia and the United Arab Emirates and strategic business partners in other key industry locations worldwide.

Buy £320M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Unilode

Kloten, Switzerland

Unilode engages in pooling, management, maintenance, and repair of unit load devices (ULDs) for the aviation industry. The company owns and manages the world’s largest independent fleet of approximately 125,000 ULDs and owns the largest global network for the maintenance and repair of ULDs and galley carts. Unilode was founded in 2011 and is based in Kloten, Switzerland.

Sell -