Private equity firm Apollo Global Management will take Rackspace private in the all-cash deal.
HighJump Software bolsters EMEA presence by adding Denmark’s leading provider of business-to-business integration solutions to existing supply chain management suite
Minneapolis, MN –July 16, 2013 – Today, HighJump Software announced it has acquired Evenex, a provider of business-to-business integration solutions. Offering more than 25 years of experience in EDI and trading partner connectivity, Evenex enables organizations to optimize trade relations and exchange business documents across the value chain by open and flexible managed cloud services. Evenex has over 3,000 customers exchanging more than 375,000,000 documents every year and is the leading and preferred business-to-business integration provider in Denmark.
The Evenex trading partner integration solution complements HighJump Software’s existing supply chain application suite which includes warehouse management systems, transportation management systems, route accounting systems, manufacturing execution, mobile sales and EDI solutions. The acquisition of Evenex extends HighJump Software’s EDI capabilities into the EMEA region.
“HighJump Software is a great fit for Evenex because it shares a common focus recognizing the importance of EDI in efficient supply chain execution while providing us with broader solution and geographic footprints,” commented Ole Pedersen, Evenex CEO. “As a part of HighJump Software, we will have access to focused capital to grow in the Nordic region and beyond. I am excited for the Evenex team to join HighJump, while continuing to provide excellent service, support and product innovation to our customers.”
“We are excited to welcome the more than 3,000 Evenex customers and a dedicated group of new team members to the HighJump family,” said Russell Fleischer, HighJump Software CEO. “It is an important first step towards broadening our geographic coverage in Europe, and we look forward to driving organic growth as well as continuing to look for logical merger and acquisition opportunities.”
About HighJump Software Inc.
HighJump Software is a global provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. HighJump Software solutions for distribution and logistics, direct store delivery, trading partner connectivity, mobility and manufacturing include: warehouse management systems, transportation management systems, route accounting systems, manufacturing execution, mobile sales, the TrueCommerce™ EDI Solutions Platform. Functionally rich and highly adaptable HighJump Software solutions support growing and evolving businesses in distribution, food and beverage, 3PL, retail, healthcare and consumer goods industries. For more information, visit http://www.highjump.com/.
Evenex is Denmark’s leading provider of business-to-business integration solutions and delivers digital connections, Electronic Data Interchange (EDI), and procurement and invoice workflow solutions through managed cloud services. Evenex connects companies in all industries with their business partners anywhere in the world and manages more than 375 million business document transactions every year. Evenex branches include Copenhagen (Denmark) and Oslo (Norway).
HighJump is a trademark of HighJump Software, Inc. Other names and trademarks may be the property of their respective owners.
For more information, please refer to the Evenex Acquisition Frequently Asked Questions.
US: Katie Wolfe
Denmark, Norway: Ole Pedersen
+45 4582 1600