Truckcom

KBS Corporate successfully advised on the sale of Truckcom, a transport management software specialist, to northstarr Group. The acquisition sees Truckcom join the newly formed tech-led logistics group, which was launched by private equity firm TPA Capital as part of its strategy to build a comprehensive logistics ecosystem.

Summary of transaction details:

• Value: Not Disclosed
• Sector: Software & SaaS (Logistics Technology)
• Advisor: KBS Corporate
• Key Entities: Truckcom (Target), northstarr Group (Acquirer), TPA Capital (Investor)
• Location: Bishop’s Stortford, Hertfordshire (Target)

Note: This acquisition is a strategic move by TPA Capital to expand northstarr Group's integrated logistics capabilities, combining software, warehousing, and 4PL services. Truckcom's platform for fleet tracking and operational efficiency will significantly enhance the group's offering to its shareholder members and customers.