The amount of the deal was not disclosed. The purchase will be from its parent company, Accellos Holdings, and its primary investor, Accel-KKR, a technology focused investment firm.
The acquisition will create a large international provider of the cloud supply chain management applications. HighJump will provide Körber with a stronger presence in the US and an advanced software platform for growth within the organization and help the company reinforce its Business Area Logistics Systems.
Led by Chad Collins, CEO, HighJump specializes in the development of software solutions for supply chain management (SCM). On top of its cloud-ready supply chain platforms, the company offers software applications that provide customers with an integrated view of their entire supply chain: from warehouse management and intralogistics to transport management.
Headquartered in Minneapolis, USA, the company has additional operations in Canada, the United Kingdom, Australia, and China. It serves over 4,000 customers across the retail, consumer products, automotive, aerospace, pharmaceutical and food/beverage industries.