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M&A Deal Summary

Trustwell Acquires FoodLogiQ

On October 4, 2022, Trustwell acquired software company FoodLogiQ

Acquisition Highlights
  • This is Trustwell’s 1st transaction in the Software sector.
  • This is Trustwell’s 1st transaction in the United States.
  • This is Trustwell’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2022-10-04
Target FoodLogiQ
Sector Software
Buyer(s) Trustwell
Deal Type Merger

Target

FoodLogiQ

Durham, North Carolina, United States
FoodLogiQ is a SaaS provider of traceability, food safety and supply chain transparency solutions. FoodLogiQ Connect is the most comprehensive, data-driven software solution that enables supplier management, food safety compliance, quality incident management, recall management and whole chain traceability, all built exclusively for the food industry. FoodLogiQ was founded in 2006 and is based in Durham, North Carolina.

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Buyer(S) 1

Buyer

Trustwell

Beaverton, Oregon, United States
Category Company
Founded 1984
Sector Software
DESCRIPTION

Trustwell provides nutritional analysis, labeling compliance and product formulation software used by food & beverage manufacturers, food service organizations, health & wellness companies, supplements manufacturers, educational publishers and universities, and other customers. Trustwell was founded in 1984 and is based in Beaverton, Oregon.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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