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  5. Marathon TS Acquires The Proven Method

M&A Deal Summary

Marathon TS Acquires The Proven Method

On September 18, 2023, Marathon TS acquired information technology company The Proven Method from Logility Supply Chain Solutions

Acquisition Highlights
  • This is Marathon TS’s 1st transaction in the Information Technology sector.
  • This is Marathon TS’s 1st transaction in the United States.
  • This is Marathon TS’s 1st transaction in Georgia.

M&A Deal Summary
Date 2023-09-18
Target The Proven Method
Sector Information Technology
Buyer(s) Marathon TS
Sellers(s) Logility Supply Chain Solutions
Deal Type Divestiture

Target

The Proven Method

Atlanta, Georgia, United States
The Proven Method is an information technology consulting firm. The Proven Method was founded in 1995 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Marathon TS

Sterling, Virginia, United States
Category Company
Founded 2009
Sector Information Technology
DESCRIPTION

Marathon TS is an IT professional services firm. Marathon TS was founded in 2009 and is based in Sterling, Virginia.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Logility Supply Chain Solutions

Atlanta, Georgia, United States
Category Company
Founded 1970
Sector Software
Employees324
Revenue 103M USD (2024)
DESCRIPTION

Logility Supply Chain Solutions is a developer and marketer of comprehensive business applications including supply chain management, Internet commerce, financial, warehouse management and manufacturing software packages. Logility Supply Chain Solutions was founded in 1970 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-16 Logility

Atlanta, Georgia, United States

Logility is a provider of collaborative supply chain optimization and advanced retail planning solutions that help small, medium, large, and Fortune 500 companies realize substantial bottom-line results in record time. Logility Voyager Solutions is a complete supply chain management and retail optimization solution that features a performance monitoring architecture and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); Integrated Business Planning (IBP); supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning and allocation; and transportation planning and management.

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