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Unifaun, a leading Stockholm-based cloud Transport Administration Systems (“TAS”) platform, and Consignor, an Oslo-based cloud TAS platform, announced today that they have entered into a definitive merger agreement. 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 goods. 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 and scalable SaaS-based products that will benefit from the collective best-of-breed feature/functionality and greater geographic coverage. Additionally, the merger expands the combined company’s ability to address