Project44 buys Convey in $255m deal as it joins final-mile market
Project44, a widely used real-time supply chain visibility platform, has acquired Convey for $255m, its ...
Echo Global Logistics has been acquired by private equity firm The Jordan Company for an equity value of about $1.3bn. The move will see Echo, listed on Nasdaq, become private again. The transaction, expected to close in the fourth quarter, was unanimously approved by Echo’s board.
The Jordan Company also owns AIT, Capstone, Odyssey and Transimpact in the transport and logistics field and also has investments in consumer & healthcare and industrial companies.