Riverside's Transporeon bolts on AIS

The bolt-on will enable Transporeon's mobile software to function directly in delivery trucks.

Previous funding
Riverside acquired a majority stake in Transporeon in July 2011, using its €420m Riverside Europe Fund IV to finance the transaction. Berenberg Bank provided a debt facility, amounting to less than 50% of the purchase price, to finance the transaction.

Company
Founded in 1997, AIS is a mobile order-management software system that allows customers to integrate mobile and telematics services in their logistics services. It has 35 employees.

Founded in 2000, Ulm-based Transporeon provides web-based centralised transport management software across three platforms. It has 850 shippers, 40,000 carriers and 100,000 platform-users from 80 countries. Transporeon employs 380 people.

People
Michael Weber worked on the deal for Riverside, supported by vice-president Sven-Hendrik Schulze and senior associate Matthias Fink. Andreas Kirchheiner is managing director of AIS.

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• Topics
• DACH
• Portfolio management
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• Germany
• Riverside