Trax Technologies has completed its previously disclosed majority investment in Trax, made in partnership with Trax’s current management team, led by Founder and CEO J Scott Nelson.
The terms of the transaction have not been disclosed.
“With this transaction complete, we are excited to continue building the Trax platform and services in support of our current and future global customer base,” says Nelson. “This investment will support further development, deployment, and support of existing and new products and services benefiting both buyers and sellers of logistics services.”
