CargoSprint completes acquisition of Advent eModal Solutions to enhance global trade facilitation
Acquiring Company
CargoSprint
Acquired Company
Advent eModal Solutions
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
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- eShipping completes acquisition of Integrated Logistics 2000 LLC (IL2000) to expand operational footprint (January 23, 2025)
- Pitney Bowes Inc. acquires Royal Alliances, Inc.'s presort business to strengthen its nationwide presence (January 21, 2025)
- Kuehne+Nagel to acquire 51% stake in IMC Logistics to bolster growth (December 4, 2024)
- PW Gates acquires Mars-Jones, signaling growth intentions (November 18, 2024)
- DFDS AS completes acquisition of Turkish company to expand its shipping and logistics operations (November 15, 2024)
- Kuehne+Nagel acquires 51% of IMC Logistics in a strategic partnership for end-to-end transportation (November 14, 2024)
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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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