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  6. TriumphPay Acquires HubTran

M&A Deal Summary

TriumphPay Acquires HubTran

On April 1, 2021, TriumphPay acquired internet software and services company HubTran

Acquisition Highlights
  • This is TriumphPay’s 1st transaction in the Internet Software and Services sector.
  • This is TriumphPay’s 1st transaction in the United States.
  • This is TriumphPay’s 1st transaction in Illinois.

M&A Deal Summary
Date 2021-04-01
Target HubTran
Sector Internet Software and Services
Buyer(s) TriumphPay
Deal Type Add-on Acquisition

Target

HubTran

Chicago, Illinois, United States
HubTran is a cloud-based provider of automation software for the transportation industry’s back-office. HubTran was founded in 2015 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

TriumphPay

Dallas, Texas, United States
Category Company
Sector Information Technology
DESCRIPTION

TriumphPay is a carrier payment platform that connects brokers, shippers, factors and carriers. TriumphPay provides the tools and services to increase automation, mitigate fraud, create back-office efficiency and improve the payment experience. TriumphPay is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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