Stillwater represented TOTALogistix in the transaction.
Stillwater Capital is pleased to announce that it served as the exclusive financial advisor to TOTALogistix on its sale to Aptean in June 2023.
Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of TOTALogistix, a leading provider of cloud-based transportation management systems (TMS) to manufacturers, retailers and distributors in North America.
The addition of TOTALogistix complements Aptean’s capabilities in its existing supply chain products enhancing Aptean’s ability to help organizations optimize logistics operations across their entire supply chain. TOTALogistix will benefit from Aptean’s scale, resources and technological expertise.
“Aptean has made an excellent acquisition that strengthens its supply chain solutions. Kirk and Scott Shearer and the TOTALogistix team have built an incredible business and we are delighted to have been a part of bringing these two organizations together,” says Jordan Nix, Executive Vice President of Stillwater Capital.
Stillwater’s deal team was led by Jordan Nix with the support of Frederick Mertz. Bradley Arant Boult Cummings served as legal counsel to TOTALogistix.
About Stillwater Capital
With over 100 completed transactions, Stillwater Capital is a recognized leader in advising transportation and logistics companies in mergers and acquisitions. For over 20 years, Stillwater has helped clients sell businesses better and formulate and execute exceptional acquisition and financing strategies.
Stillwater is a member of the world’s premier professional advisory group, Geneva Capital Group, connected to 30,000 of the world’s best legal, accounting, and M&A professionals in over 800 offices in 126 countries.
Published on: June 8, 2023
