M&A Deal Summary

Redwood Logistics Acquires Eminent Global Logistics

On May 9, 2019, Redwood Logistics acquired information technology company Eminent Global Logistics

Acquisition Highlights
  • This is Redwood Logistics’ 1st transaction in the Information Technology sector.
  • This is Redwood Logistics’ 4th transaction in the United States.
  • This is Redwood Logistics’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2019-05-09
Target Eminent Global Logistics
Sector Information Technology
Buyer(s) Redwood Logistics
Deal Type Add-on Acquisition

Target

Eminent Global Logistics

Horsham, Pennsylvania, United States
Eminent Global Logistics is a provider of transportation management systems ("TMS") implementation and integration services. Eminent consultant and integrator for Oracle Transportation Management ("OTM"), Global Trade Management ("GTM"), and Oracle Warehouse Management ("Logfire"). Eminent Global Logistics was founded in 2002 and is based in Horsham, Pennsylvania.

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Buyer(S) 1

Buyer

Redwood Logistics

Chicago, Illinois, United States

Category Company
Founded 2001
Sector Transportation
DESCRIPTION

Redwood Logistics is a logistics platform company that provides solutions for moving and managing freight for more than 20 years. The company’s diverse portfolio includes digital freight brokerage, flexible freight management, and logistics consulting all wrapped into a revolutionary logistics and technology delivery model—Logistics Platform as a Service (LPaaS). LPaaS utilizes an open platform for digital planning that empowers shippers to seamlessly mix-and-match partners, technologies and solutions into their own unique digital supply chain fingerprint. Redwood connects a wide range of customers to the power of supply chain management, technology and the industry’s brightest minds. Redwood Logistics was formed in 2001 and is based in Chicago, Illinois.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Pennsylvania M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2019 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-11 Strive Logistics

Chicago, Illinois, United States

Strive Logistics is a Chicago-based third-party logistics provider whose proprietary TMS, LoadRunner, is powered by innovative, flexible algorithms that are fully customizable to help customers meet their needs. LoadRunner is backed by an in-house team of developers that have also structured a digital freight management model that leverages artificial intelligence and process automation to move freight more efficiently.

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