Deal Snapshot
Accel-KKR ClosesCarve-Out Acquisition of Shipper TMS Business Portfolio from Wabtec
Wednesday 16 September 2020

US-based investment firm Accel-KKR has closed on a carve-out acquisition of the Shipper TMS portion of the Supply Chain Optimization software business portfolio owned by US-based rail industry technology supplier Wabtec Corp (NYSE: WAB), the firm said.

The Shipper TMS business provides cloud-based multi-modal shipment management applications to customers in the United States, Canada, and Mexico. Industrial shippers, carriers, logistics providers, and bulk terminal operators know the Shipper TMS business by two leading product brands, ShipperConnect and ShipXpress.

Date Published: 16/09/2020