Francisco Partners acquires supply chain software company Kewill
Francisco Partners, a technology-focused private equity firm, has completed the acquisition of Kewill, a trade and logistics software provider.
This deal represents Francisco Partners’ sixth take-private transaction in Europe since the beginning of 2009.
“We see a significant opportunity for Kewill as long-term growth and increasing complexity in the trade and transportation of goods drives the need for comprehensive software solutions,” says Deep Shah (pictured), a partner for Francisco Partners. “Kewill has a robust product portfolio and an impressive client list of 7,000 customers around the world, including some of the world’s leading multinational companies such as Bayer, Black & Decker, Damco, DHL, Hitachi, Ingersoll Rand, Mothercare, UPS and TNT. We look forward to helping the company achieve its ambitious growth plans and will seek other opportunities to help Kewill expand its offering.”
Founded in 1972, Kewill has offices in eight countries. The company’s software is designed to drive revenue growth and cost savings for its customers through accelerated customs and forwarding, transportation, logistics, e-commerce, and business-to-business integration solutions.
“Francisco Partners brings extensive experience in supporting software companies and the financial and operational flexibility to help Kewill execute upon its long-term strategy,” says Paul Nichols, chief executive of Kewill.
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