Seller: ControlPay B.V.
Target: ControlPay B.V.
Advisors seller: Houthoff, Axeco
Buyer: TRANSPOREON
Advisors buyer: HVG Law, EY
Date announced: 2020-08-10

Story:
Transporeon, a German logistics software provider, has acquired ControlPay, a Dutch freight audit and payment services provider with offices in the Netherlands, the US, Asia, Brazil, Spain, Germany, and Ukraine. Transporeon is a cloud based logistics platform headquartered in Germany. Transporeon is backed by Hg, a leading European investor in software and services. ControlPay is a natural complement to Transporeon’s existing portfolio of market intelligence services, freight procurement, execution and settlement offerings.

Press release: Original source.