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CargoSprint completes acquisition of Advent eModal Solutions to enhance global trade facilitation

PRIVATEDec 16, 2024

Acquiring Company

CargoSprint

Acquired Company

Advent eModal Solutions

AtlantaSomersetTransportationLogisticsSoftwareTransportationLogisticsSaaS

Description

CargoSprint, a leader in innovative payments and workflow orchestration solutions for the cargo industry, has announced the acquisition of Advent eModal Solutions. This strategic combination will expand CargoSprint's global trade facilitation and enhance its existing solutions for air, sea, and land freight. The acquisition aims to merge two talented and like-minded organizations to accelerate the pace of innovation in the industry.

Quick answer

CargoSprint is acquiring Advent eModal Solutions, announced December 16, 2024. CargoSprint is based in Atlanta, Georgia, United States.

How much did CargoSprint pay for Advent eModal Solutions?
The deal value was not disclosed.
What does CargoSprint do?
CargoSprint is a technology innovator transforming the global cargo industry with people-first solutions since 2012.
Where are CargoSprint and Advent eModal Solutions based?
CargoSprint is based in Atlanta, Georgia, United States. Advent eModal Solutions is based in Somerset, New Jersey, United States.
Who are the decision-makers at CargoSprint?
Fundz holds 4 contacts at CargoSprint. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Transportation and Logistics

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

CargoSprint

Location

Atlanta, Georgia, United States

About

CargoSprint is a technology innovator transforming the global cargo industry with people-first solutions since 2012. Its flagship products, SprintPay and SprintPass, streamline payment processing and optimize cargo logistics from planning to delivery. The company operates globally with offices in the United States, Mexico and India.

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Frequently asked

Who acquired Advent eModal Solutions?

Advent eModal Solutions was acquired by CargoSprint, based in Atlanta. The deal was reported on December 16, 2024. CargoSprint is a technology innovator transforming the global cargo industry with people-first solutions since 2012. CargoSprint is privately held and operates in Transportation.

When did CargoSprint acquire Advent eModal Solutions?

CargoSprint's acquisition of Advent eModal Solutions was reported on December 16, 2024. CargoSprint, a leader in innovative payments and workflow orchestration solutions for the cargo industry, has announced the acquisition of Advent eModal Solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Advent eModal Solutions do?

Advent eModal Solutions is a leading provider of SaaS platforms and applications that streamline the operations of key stakeholders moving cargo through the landside supply chain. It is privately held, operating in Software, and is based in Somerset.

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