Tequity acted as the exclusive financial advisor to Virtual Dispatch, LLC, a provider of both on-premise and on-demand transportation management solutions in their acquisition by Accellos, a leading provider of supply chain execution software solutions.
Accellos will integrate certain of Virtual Dispatch’s assets into its emerging Stratus cloud computing portfolio.
“We believe strongly that cloud-based solutions for brokers, shippers and carriers will define the next generation of transportation management systems,” said Ross Elliott, Accellos Chief Technology Officer. “We’ve built our Stratus cloud infrastructure on Microsoft standards like Silverlight and Azure in order to position ourselves and our customers to take advantage of the coming wave. With the Virtual Dispatch acquisition, we can meld that infrastructure with their SaaS products to deliver unparalleled value and begin to realize the potential of cloud computing.”
Accellos, headquartered in Colorado Springs, Colorado, is a global provider of logistics, warehouse, third-party logistics, transportation and mobile fleet management software solutions. The company addresses the supply chain management and execution market with warehouse management systems for multiple environments, including transportation management software and in-field mobile resource management solutions. Accellos’ powerful supply chain execution solutions are easy to customize and implement, providing customers with more innovation for less investment. For more information visit www.accellos.com.
Tequity provides M&A advisory services to Enterprise Software and Information Technology companies in the mid-market across North America and around the globe with a primary focus on strategic sales, mergers, and carve-outs. As business operations and growth specialists who have built companies, raised capital, and successfully exited, we bring real world experience to any M&A discussion.
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