Business Wire

Francisco Partners and Marlin Equity Partners Complete Merger of Consignor and Unifaun

Share

Consignor and Unifaun, both leading cloud Transport Administration Systems (“TAS”) platforms, announced today that they have completed the merger of the two companies.

These two leading providers of TAS software will combine to offer shippers, carriers, and parcel recipients globally best-in-class solutions for shipping and handling of parcels. Marlin Equity Partners (“Marlin”), Unifaun’s current majority owner, has partnered with Francisco Partners, Consignor’s current majority shareholder, in the transaction to become equal shareholders in and together own a majority of the combined business.

The merger creates a prominent global provider of cloud TAS solutions, bringing together two highly complementary SaaS-based products and expanding the combined company’s ability to address a wider range of TAS capabilities, thus bringing significant benefits to the combined company’s customer base. The combined company will be able to significantly accelerate product innovation and offer the strongest TAS solution in the market, with a market leading user experience, extensive functionality, and agile implementation and customer support services. Additionally, the merger will expand the combined company’s geographic reach and, building on Consignor and Unifaun’s Scandinavian heritage, the company will be very well positioned to continue to accelerate its growth on a global basis.

“We are very excited about entering this new chapter of our companies’ history. The combination of our talented, passionate teams, as well as our local and global resources, will drive significant value to our customers, employees, and shareholders,” said Consignor Founder and CEO Peter Tang Thomsen who has become CEO of the combined business. “Together we will deliver exactly what our customers have been seeking: an integrated, full-suite of TAS solutions that will help our customers reduce shipping costs significantly while improving the overall delivery experience for constituents across the logistics value chain.”

Peter Chung, a Managing Director at Marlin, commented, “We are thrilled to be partnering with Francisco Partners and the Consignor team. We see Unifaun and Consignor as two highly complementary industry leaders in the TAS space and we look forward to helping the combined company reach its full potential and further accelerate its growth globally.” Mike Wilkinson, a Principal at Marlin Equity Partners, added, “The combination of the two companies represents a strong strategic fit that will enable the joint teams to continue building and delivering innovative TAS solutions to our customer base globally.”

Petri Oksanen, a Partner at Francisco Partners, commented, “The combination of Consignor and Unifaun’s technology, talent and operational resources will substantially elevate the offering for customers who will benefit greatly from a broader range of functional capabilities, wider geographic coverage, and deeper domain knowledge and technical expertise. We see an incredible amount of potential in the TAS market and believe that the combined company will be better positioned to capitalize on the secular tailwinds underpinning e-commerce growth.” Mario Razzini, a Principal at Francisco Partners, added, “We believe the merger of Consignor and Unifaun is a powerful combination that will allow the combined company to unlock significant value for customers and all other stakeholders involved in the exciting TAS ecosystem.”

The transaction received definitive approval by the competition authorities on February 12, 2021. Financial details of the transaction have not been disclosed. Unifaun and Marlin Equity Partners were advised by Arma Partners and EY as their financial advisors, and Plesner as legal counsel. Consignor and Francisco Partners were advised by Raymond James as their financial advisor, and Paul Hastings LLP and Aabø-Evensen & Co as legal counsel.

About Consignor

Consignor supports their customers delivery processes by making it simpler, quicker, and cost-effective to ship orders to customers and by making delivery a competitive advantage. Consignor provides TAS solutions, enabled through a wide-ranging carrier library, connecting shippers’ websites and warehouses with their customers. Employing more than 170 staff, Consignor serves its customers from offices in Oslo, Stockholm, Helsinki, Copenhagen, Aarhus, Bucharest, and London. For more information, please visit: www.consignor.com

About Unifaun

Unifaun provides innovative and high-quality cloud TAS solutions to carriers, shippers, and parcel recipients across the European transportation ecosystem. With an extensive partner ecosystem and carrier library, Unifaun handled around 300 million shipments in the system in 2020. Unifaun has over 200 employees in Sweden, Finland, Norway, Denmark, the Netherlands, Belgium, Germany, and Poland. For more information, please visit: www.unifaun.com.

About Francisco Partners

Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch over 20 years ago, Francisco Partners has invested in more than 300 technology companies, making it one of the most active and longstanding investors in the technology industry. With more than $25 billion in assets under management, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, please visit www.franciscopartners.com.

About Marlin Equity Partners

Marlin Equity Partners is a global investment firm with over $7 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 170 acquisitions. The firm is headquartered in Los Angeles, California and London, UK. For more information, please visit: www.marlinequity.com.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Francisco Partners
Whit Clay and Dan Zacchei
wclay@sloanepr.com and dzacchei@sloanepr.com

Marlin Equity Partners – pspasov@marlinequity.com

About Business Wire

Business Wire
Business Wire



Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Verimatrix Protects Recode Health’s STRIVE Benefits Mobile App16.6.2021 17:45:00 CEST | Press release

Regulatory News: Verimatrix, (Paris:VMX) (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced its application shielding solutions were selected by Oakland, California-based Recode Health to protect its STRIVE Benefits mobile app. Serving as the SaaS benefits communication platform of choice for thousands of businesses throughout the United States, STRIVE’s mobile app aims to modernize employer-employee relations by seamlessly educating employees so that they stay ahead of the curve and have fingertip access to their benefits guides, balances, financial information and other customizable data. Due to the sensitive nature of the information within the app, such as telemedicine and Rx integrations to save on healthcare costs, the STRIVE management team prioritizes its cybersecurity stance and looked to ensure that its mobile app is as secure as possible. “The protection of employer and employee data is paramount at STRIVE,

Biolog-id Partners With AirMed to Help Enhance Visibility, Availability, and Traceability of Life-saving Blood Components16.6.2021 17:18:00 CEST | Press release

Biolog-id LLC, a developer and service provider of connected healthcare solutions, announced today its partnership with AirMed – one of the first air medical transport programs in the US. As part of this partnership, biolog-id’s cutting-edge technology will provide digital visibility to the inventory of red blood cells and liquid plasma across 5 locations in the state of Utah, covering one of the largest geographical areas in the nation, routinely transporting patients not only from Utah, but also from Colorado, Wyoming, Nevada, Montana, and Idaho. Biolog-id’s blood components management platform will support the inventory replenishment of the different bases, as well as the traceability and documentation of the units selected by the teams at the AirMed bases. “We are pleased to cooperate with the biolog-id team on the deployment of this technology across our operation,” said Cory Cox, AirMed Outreach Coordinator & Flight Paramedic at AirMed. “We are committed to delivering the highest

Moody’s ESG Solutions Launches Bespoke Dataset to Help Market Participants Meet SFDR Requirements16.6.2021 17:10:00 CEST | Press release

Moody’s ESG Solutions today launched a bespoke ESG data solution to help market participants meet the European Union (EU) Sustainable Finance Disclosure Regulation (SFDR) requirements. Harnessing Moody’s ESG Solutions’ analytical rigor and advanced data capture processes, the product was built from the ground up, making it one of only a few purpose-built SFDR data solutions in the market. In effect since March 2021, SFDR introduces disclosure requirements on a set of Principle Adverse Impact (PAI) indicators, which outline the environmental, social and governance (ESG) factors that lead to adverse sustainability impacts. PAI disclosures will become mandatory for all financial market participants, including advisers, from 2022 as part of the EU’s strategy to combat greenwashing and incentivize funding of green projects. “We are committed to advancing sustainability objectives and providing essential data that market participants can rely on,” said Sabine Lochmann, Global Head of Moody’s

Piper Sandler Advises EverArc on its Acquisition of Perimeter Solutions16.6.2021 16:18:00 CEST | Press release

Piper Sandler & Co. chemicals & materials investment banking group (The Valence Group) has advised EverArc Holdings on its announced acquisition of 100% of Perimeter Solutions from SK Capital. EverArc Holdings Limited (LSE: EVRA / EVWA) has entered into a definitive agreement with SK Invictus Holdings S.à.r.l. an affiliate of funds advised by SK Capital Partners, to acquire 100% of SK Invictus Intermediate S.à.r.l., the ultimate parent company of Perimeter Solutions, a leading global manufacturer of high-quality firefighting products and lubricant additives, for total consideration of approximately $2 billion, consisting of cash and preferred shares, subject to customary closing conditions. The transaction is expected to close in Q4 2021. EverArc Holdings Limited (LSE: EVRA / EVWA) is a publicly-listed acquisition company that was formed in November 2019 to undertake an acquisition of a target company or business. Perimeter is a leading global manufacturer of high-quality firefighting

UVD Robots Selected by Global Facility Management Company ISS to Provide Autonomous Disinfection Robots16.6.2021 15:02:00 CEST | Press release

Today, Blue Ocean Robotics the manufacturer of UVD Robots for autonomous UV-C disinfection announced that it was selected by ISS World Services, a world leading global workplace experience and facility management company, to provide autonomous robots for disinfection as part of ISS’ global offering. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210616005504/en/ UVD Robots are helping to ensure outstanding cleaning and disinfection excellence. Unlike many stationary disinfection systems, the UVD Robot is a mobile, fully autonomous robot integrating UV-C light to disinfect against all known bacteria and viruses including Covid-19 not only on surfaces, but the air as well, providing a fully comprehensive infection control and prevention solution. UVD Robots enable facilities to reduce disease transmission by eliminating 99.99 percent of bacteria and viruses in any room. The robots have been rolled out to more than 70 countries

Auth0 Releases State of Secure Identity Report, Highlighting the Most Pervasive Threats to Digital Identities16.6.2021 15:01:00 CEST | Press release

Auth0, the modern identity platform, today announced the launch of its inaugural security report: The State of Secure Identity. This detailed report highlights key areas of concern for security professionals responsible for managing digital identities, including the exponential rise of credential stuffing attacks (automated attempts to compromise a large number of user accounts with stolen credentials), fraudulent registrations, and the widespread use of breached credentials. Recent headlines and high-profile cyber attacks give today’s security professionals a wide swath of serious threats to worry about. The primary goal of cybercriminal activity is to access critical resources, systems, and personal data, yet systems that can be put into place to minimize the risk of attack — like identity management — often get deprioritized. Lack of budget, resourcing, or attention on managing digital identities give threat actors a prime opportunity to take advantage of these discrepancies and sur

Ray Fernandez-Andes Named CFO at Next Level Aviation16.6.2021 15:00:00 CEST | Press release

Seasoned finance executive Ray Fernandez-Andes has been named Chief Financial Officer at Next Level Aviation, a leader in the global distribution of used serviceable material (USM) for commercial aircraft and jet engines. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210616005177/en/ Ray Fernandez-Andes has been named Chief Financial Officer of Next Level Aviation. He will help create financial strategies to support the company’s planned growth in the coming years, both organically and through acquisition. (Photo: Business Wire) Fernandez-Andes brings a high level of finance expertise in the airline and commercial aviation aftermarket to NLA. He has extensive experience in improving financial results, providing strategic advice for growth and capital deployment, as well as managing banking and investor relationships. Fernandez-Andes is a certified public accountant (CPA) in the state of Florida, and a former auditor at Arth

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom