Körber Supply Chain Software has signed a binding agreement to acquire MercuryGate International Inc. a leading TMS provider and a challenger in the 2024 Gartner Magic Quadrant for Transportation Management Systems.

“Our customers navigate dynamic, volatile supply chain environments under increasingly high expectations for order fulfillment,” said Ed Auriemma, CEO of Körber Supply Chain Software. “With the acquisition of MercuryGate, Körber Supply Chain Software is poised to offer an unparalleled combination of advanced technology and deep industry expertise to create innovative processes to help businesses manage these challenges.”

The acquisition of MercuryGate will establish a critical pillar of Körber’s ambition to create a unified supply chain execution suite that can offer real-time optimization and collaboration across the supply chain. Customers will benefit from integrated processes across functions, faster and more accurate decision-making and the ability to mitigate risks and disruptions more effectively.

Stephan Seifert, Chief Executive Officer of Körber, said: “This acquisition illustrates our power to execute our ambitious growth strategy, substantially extends our existing supply chain software portfolio, and is a significant milestone to becoming our customers’ first choice regardless of their challenge. Furthermore, it is proof that our trustful strategic cooperation with KKR results in additional value for our customers.”

“The addition of MercuryGate’s multimodal, SaaS-based TMS to Körber’s supply chain software business will create a comprehensive, value-driving, supply chain offering for global industry leaders,” commented Joe Juliano, CEO of MercuryGate. “The combined company is positioned to deliver the broadest and deepest set of supply chain execution software solutions available worldwide.”

Peter Rottier, a Managing Director at Summit Partners, which first partnered with MercuryGate in 2018, added, “We believed that global supply chains and growing customer demand for shorter order-to-delivery times would support increased adoption of solutions like MercuryGate’s that are designed to help shippers and logistics providers mitigate the costs and complexity associated with transportation. It’s been exciting to work alongside the MercuryGate team as they executed against this vision.”