M&A Deal Summary

Korber Acquires HighJump Software

On August 30, 2017, Korber acquired software company HighJump Software from Accellos

Acquisition Highlights
  • This is Korber’s 1st transaction in the Software sector.
  • This is Korber’s 3rd transaction in the United States.
  • This is Korber’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2017-08-30
Target HighJump Software
Sector Software
Buyer(s) Korber
Sellers(s) Accellos
Deal Type Divestiture

Target

HighJump Software

Eden Praire, Minnesota, United States
HighJump Software, Inc. is a provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. HighJump Software was founded in 1983 and is based in Eden Praire, Minnesota.

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Buyer(S) 1

Buyer

Korber

Hamburg, Germany
Category Company
Sector Diversified
Revenue 2M EUR (2015)
DESCRIPTION

Korber is a management holding company, which leads the group with seven areas of business automation, logistics systems, machine tools, pharmaceutical systems, tissue, tobacco, and corporate investments. The company acts fast to customer needs, executes ideas seamlessly, and with innovations, it creates added value for customers. Korber is based in Hamburg, Germany

DEAL STATS #
Overall 5 of 8
Sector (Software) 1 of 2
Type (Divestiture) 1 of 2
State (Minnesota) 1 of 1
Country (United States) 3 of 3
Year (2017) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-10 DMLogic

Pittsburgh, Pennsylvania, United States

DMLogic LLC is an Information Technology firm that specializes in warehouse management, systems integration and process design services. DMLogic LLC was established in 2009 and is headquartered in Pittsburgh, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-03 Systec & Services

Karlsruhe, Germany

Systec & Services GmbH is specializes in the consulting and implementation of production control systems (Manufacturing Execution System, MES) and track & trace software solutions. The company is headquartered in Karlsruhe (Germany). Another location is in Pratteln near Basel (Switzerland).

Buy -

Seller(S) 1

SELLER

Accellos

Colorado Springs, Colorado, United States
Category Company
Founded 2006
Sector Software
Employees160
DESCRIPTION

Accellos is a supply chain execution software provider focused on solutions for logistics service providers and small and medium sized business (SMB).

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-07 HighJump Software

Eden Praire, Minnesota, United States

HighJump Software, Inc. is a provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. HighJump Software was founded in 1983 and is based in Eden Praire, Minnesota.

Buy -
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