Combined portfolio expands global supply chain execution
solutions, delivering increased flexibility, scalability and
resiliency to customers.
K�rber Supply Chain Software, a joint venture between K�rber
AG and KKR, and leader in end-to-end supply chain software
solutions, signed a binding agreement to acquire MercuryGate
International Inc., a leading provider of transportation management
systems (TMS). MercuryGate is known for its strong capabilities in
multimodal optimization and execution, as well as its expertise and
capabilities in driving rapid implementation and time to value. The
acquisition is a strategic move that extends K�rber Supply Chain
Software’s capabilities in delivering a comprehensive, innovative,
adaptable and scalable supply chain execution portfolio.
The complexities of global supply chains continue to grow, and
the need for flexibility and resiliency has never been greater.
Operators demand ever-increasing adaptability and scalability in
supply chain execution solutions to innovate and expand. By
extending its portfolio of solutions across all supply chain
execution operations, K�rber Supply Chain Software will become a
leader in managing the movement of goods from procurement to
receipt and fulfillment to the end consumer, reducing planning
silos, accelerating resolution of issues, and improving customer
and business outcomes. Bringing K�rber Supply Chain Software and
MercuryGate together will enable customers to benefit from:
- Solutions that connect across inbound and outbound supply chain
activities, improving cost efficiencies and customer experiences by
optimizing placement, usage, and routing of goods.
- A resilient and reliable supply chain platform with visibility
across inventory pools, enabling customers to identify growth
opportunities as well as predict and rapidly respond to potential
disruptions.
- Simulation capabilities to evaluate future supply chain
strategies and understand ROI across their local and global
business.
“Our customers navigate dynamic, volatile supply chain
environments under increasingly high expectations for order
fulfillment,” said Ed Auriemma, CEO of K�rber Supply Chain
Software. “With the acquisition of MercuryGate, K�rber Supply Chain
Software is poised to offer an unparalleled combination of advanced
technology and deep industry expertise to create innovative
processes to help businesses manage these challenges.”
The acquisition of MercuryGate will establish a critical pillar
of K�rber’s ambition to create a unified supply chain execution
suite that can offer real-time optimization and collaboration
across the supply chain. Customers will benefit from integrated
processes across functions, faster and more accurate
decision-making and the ability to mitigate risks and disruptions
more effectively.
Stephan Seifert, Chief Executive Officer of K�rber, said: “This
acquisition illustrates our power to execute our ambitious growth
strategy, substantially extends our existing supply chain software
portfolio, and is a significant milestone to becoming our
customers’ first choice regardless of their challenge. Furthermore,
it is proof that our trustful strategic cooperation with KKR
results in additional value for our customers.”
“The addition of MercuryGate’s multimodal, SaaS-based TMS to
K�rber’s supply chain software business will create a
comprehensive, value-driving, supply chain offering for global
industry leaders,” commented Joe Juliano, CEO of MercuryGate. “The
combined company is positioned to deliver the broadest and deepest
set of supply chain execution software solutions available
worldwide.”
Peter Rottier, a Managing Director at Summit Partners, which
first partnered with MercuryGate in 2018, added, “We believed that
global supply chains and growing customer demand for shorter
order-to-delivery times would support increased adoption of
solutions like MercuryGate’s that are designed to help shippers and
logistics providers mitigate the costs and complexity associated
with transportation. It’s been exciting to work alongside the
MercuryGate team as they executed against this vision.”
The transaction is subject to customary closing conditions and
regulatory approvals.
For more details about this acquisition, please read our blog
from K�rber Supply Chain Software CTO, Sean Elliott.
About K�rber Supply Chain Software K�rber Supply Chain
Software is the partner of choice for organizations that require
comprehensive and intelligent supply chain execution software
solutions that can adapt and scale to their requirements. K�rber
Supply Chain Software delivers comprehensive solutions for its
customers, offering greater efficiency and transparency from order
management through global end-to-end inventory flow within the most
complex global supply chain operations. K�rber Supply Chain
Software GmbH is a joint venture of K�rber AG, a leading
international technology group and KKR, a leading global investment
firm that offers alternative asset management, capital markets and
insurance solutions. Find out more on
https://www.koerber-supplychain-software.com/.
About K�rber We are K�rber – an international technology
group with more than 12,000 employees at over 100 locations
worldwide and a common goal: We turn entrepreneurial thinking into
customer success and shape the technological change. In the
Business Areas Digital, Pharma, Supply Chain, and Technologies, we
offer products, solutions and services that inspire. We act fast to
customer needs, we execute ideas seamlessly, and with our
innovations we create added value for our customers. In doing so,
we are increasingly building on ecosystems that solve the
challenges of today and tomorrow. K�rber AG is the holding company
of the K�rber Group: http://www.koerber.com/en
About MercuryGate MercuryGate’s Smart Transportation™
suite provides powerful transportation and logistics management
solutions proven to be a competitive advantage for today’s most
successful shippers, 3PLs, brokers, and carriers. The comprehensive
Software-as-a-Service (SaaS) product suite natively supports all
transportation modes and segments, generating value for its users
through improved cost, productivity, and efficiency using
artificial intelligence (AI), machine learning (ML), and connected
technologies to adapt and automate transportation management
functions. Smart Transportation makes shipping intelligent, simple,
sustainable, and transformative for customers. Learn more about
MercuryGate at https://mercurygate.com/.
About KKR KKR is a leading global investment firm that
offers alternative asset management as well as capital markets and
insurance solutions. KKR aims to generate attractive investment
returns by following a patient and disciplined investment approach,
employing world-class people, and supporting growth in its
portfolio companies and communities. KKR sponsors investment funds
that invest in private equity, credit and real assets and has
strategic partners that manage hedge funds. KKR’s insurance
subsidiaries offer retirement, life and reinsurance products under
the management of Global Atlantic Financial Group. References to
KKR’s investments may include the activities of its sponsored funds
and insurance subsidiaries. For additional information about KKR
& Co. Inc. (NYSE: KKR), please visit KKR’s website at
www.kkr.com. For additional information about Global Atlantic
Financial Group, please visit Global Atlantic Financial Group’s
website at https://www.globalatlantic.com/.
About Summit Partners Founded in 1984, Summit Partners is
a global alternative investment firm with capital dedicated to
growth equity, fixed income, and public equity opportunities.
Summit invests across growth sectors of the economy and has
invested in more than 550 companies in technology, healthcare, and
other growth industries. Summit maintains offices in North America
and Europe and invests in companies around the world. For more
information, please visit www.summitpartners.com or follow on
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240805796397/en/
Contact business media:
Lena Wouters Head of Brand & Communications Strategy K�rber
AG T: +49 40 211 07 473 E-mail: lena.wouters@koerber.com
Contact trade media:
Lucy Millington VP Brand & Corporate Communications K�rber
Supply Chain Software T: + 44 7539 473855 E-mail:
lucy.millington@koerber-supplychain.com