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  5. Project44 Acquires Synfioo

M&A Deal Summary

Project44 Acquires Synfioo

On April 7, 2022, Project44 acquired internet software and services company Synfioo

Acquisition Highlights
  • This is Project44’s 2nd transaction in the Internet Software and Services sector.
  • This is Project44’s 1st transaction in Germany.

M&A Deal Summary
Date 2022-04-07
Target Synfioo
Sector Internet Software and Services
Buyer(s) Project44
Deal Type Add-on Acquisition

Target

Synfioo

Potsdam, Germany
Synfioo offers an innovative software platform for Process-ETA calculation and real-time multimodal transportation monitoring. Relevant setbacks on the initial transport plan like: congestions, security controls, strikes, bad weather conditions, among others, are directly reported upon occurrence. Synfioo was formed in 2015 and is based in Potsdam, Germany.

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Buyer(S) 1

Buyer

Project44

Chicago, Illinois, United States
Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Project44 is a provider of cloud-based platforms that connects, automates, and provides visibility into key transportation processes to accelerate insights and drive better decisions. Project44 was founded in 2014 and is based in Chicago, Illinois.

DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Germany M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-21 Convey

Austin, Texas, United States

Convey is an operator of the Delivery Experience Management platform that powers customer delivery experiences for some of the world’s most recognizable brands in retail and logistics. The company’s DEM platform combines estimated delivery date in the cart, real-time visibility in transit, post-purchase communications, and AI-driven insights to create a solution capable of perfecting last mile delivery. Convey was founded in 2013 and is based in Austin, Texas.

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