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- Transporeon
Transporeon Acquisition, Valuation, Funding & Investors
Transporeon was acquired by Trimble for $2B in December 2022, a 10.0x multiple on $203M of revenue.
Transporeon revenue at acquisition
$203M
Last twelve months · Dec 2022
Transporeon revenue multiple at acquisition
10.0x
EV/Revenue · Dec 2022
Transporeon EBITDA multiple at acquisition
33.4x
EV/EBITDA · Dec 2022
About Transporeon
Transporeon is a Ulm-based logistics platform connecting 1,000 shippers with 57,000 carriers across 85 countries. Founded in 2000, its SaaS suites handle tendering, dock scheduling, and freight auditing via Transporeon, TICONTRACT, and Mercareon platforms. U.S. operations in Philadelphia serve retailers like Walmart.
Founded
2000
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$203M (Dec 2022)
Valuation
$2B (acquired Dec 2022)
Transporeon Acquisition
Transporeon was acquired by Trimble for $2B on 12 December 2022.
The acquisition price implies a 10.0x revenue and 33.4x EBITDA multiple on $203M of revenue.
Before the acquisition Transporeon had raised $46M across 1 funding round.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 12 Dec 2022 | Strategic M&A | $2B | 10.0x | 33.4x |
Transporeon Funding History
Transporeon has raised a total of $46M across 1 funding round.
Transporeon funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jan 2019 | Undisclosed stage | HgCapital (lead) | $46M | Transporeon is a leading cloud-based logistics platform founded in 2000 and headquartered in Ulm, Germany, connecting over 1,000 shippers and nearly 90,000 carriers to enable efficient sourcing, communication, collaboration, and transactions while reducing CO2 emissions by up to 10% through fewer empty backhauls. On January 29, 2019, Hg, through HgCapital Trust plc and the Hg8 Fund, invested in Transporeon, acquiring a majority interest from previous investor TPG Capital, which had backed the company since 2016. The investment recognized Transporeon's strong business model, financial profile, experienced management, and leading position leveraging network effects in SaaS solutions for the logistics supply chain. TPG's partnership supported international expansion, doubled R&D investment, and grew platform capabilities organically and via the 2018 acquisition of TIM Consult. Post-investment, Hg focused on Transporeon's cloud-based software and network effects in the growing supply chain technology sector. Later developments include strong growth under Hg ownership, with a 2023 sale to Trimble at €1.88 billion enterprise value and earlier interest from buyout funds valuing it around €1 billion on $136.86 million sales and €35 million core earnings. |
Who has invested in Transporeon?
1 investor has backed Transporeon across its funding rounds, including HgCapital.
Lead investors include HgCapital.
Transporeon Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Transporeon
Transporeon has acquired 6 companies to date.
Last acquisition by Transporeon was on August 18th 2022. Transporeon acquired Tracks for undisclosed valuation.
Latest Acquisitions by Transporeon
| Description | Tracks is a Berlin-based startup founded in 2018 providing AI-powered analytics for road freight fleets. It analyzes vehicle performance, fuel efficiency, and CO2 emissions using big data from telematics. The platform offers dashboards for fleet owners and shippers in Europe, enabling comparisons and actionable insights to cut energy use and environmental impact. | SupplyStack is a cloud-based transport management system combining real-time visibility with execution tools for shippers and logistics providers. Available across Europe and North America, it optimizes freight operations to boost net margins. | Nexogen is a business management software provider offering digital transformation tools for enterprises. Its platform automates workflows in operations, finance, and customer relations with AI-driven insights. Nexogen targets mid-market companies in North America and Europe. | Logit One is a provider of SaaS platforms for ocean freight visibility. The company delivers real-time container tracking and shipment analytics through its ONE platform, integrating data from over 200 carriers worldwide. Based in Dublin, Ireland, Logit One serves freight forwarders, shippers, and logistics providers with tools for exception management and performance benchmarking. Its solutions cover full container load and less-than-container load shipments across major trade lanes including Asia-Europe and Trans-Pacific routes. The platform supports automated notifications and API integrations for seamless workflow embedding. | |
| HQ Country | |||||
| HQ City | Berlin | Antwerp | Budapest | Geel | |
| Deal Date | 18 Aug 2022 | 13 Jan 2022 | 13 Jan 2022 | 9 Dec 2021 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Transporeon acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Transporeon Competitors
Transporeon competitors include listed companies like Descartes Systems Group, GigaCloud Technology and GuoChuang Software, and private ones like ElasticRun, Bringg and YH Global.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $729M | $305M | $6.8B | 8.1x | ||
| Publicly listed | $1.3B | $158M | $1.9B | 1.4x | ||
| Publicly listed | $220M | ($17M) | $960M | - |
Transporeon Public Comps
Transporeon is no longer listed, but its public comps include Karooooo, GigaCloud Technology, Transfar Zhilian Co, SureKAM Corporation, Xiamen Xiangyu Co, NextNav, Wuxi Boton Technology, Infomart, SPS Commerce and Blackbuck.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $337M | $148M | 6.3x | 5.7x | 14.3x | 13.8x | |||
| $1.3B | $158M | 1.6x | 1.4x | 12.8x | 10.6x | |||
| $3.7B | $258M | 1.0x | 1.3x | 14.0x | 12.5x | |||
| $1.2B | $93M | 1.0x | 1.0x | 13.4x | 18.6x | |||
| $61B | $523M | 0.1x | 0.1x | 13.8x | 10.4x | |||
| $5M | ($169M) | 503.2x | 540.7x | (13.6x) | (48.0x) | |||
| $516M | $55M | 2.4x | - | 22.6x | - | |||
| $121M | $31M | 9.3x | 8.6x | 35.9x | 31.7x | |||
This data is available for Pro users. Sign up to see all Transporeon competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Transporeon
| When was Transporeon founded? | Transporeon was founded in 2000. |
| Where is Transporeon headquartered? | Transporeon is headquartered in Ulm, Germany. |
| Is Transporeon publicly listed? | No, Transporeon was acquired by Trimble in December 2022. |
| Who acquired Transporeon? | Transporeon was acquired by Trimble in December 2022. |
| How much was Transporeon acquired for? | Transporeon was acquired for $2B in December 2022, a 10.0x revenue multiple. |
| How much funding has Transporeon raised? | Transporeon has raised $46M across 1 funding round. |
| What was Transporeon's last funding round? | Transporeon's last funding round was a $46M undisclosed-stage round in January 2019, led by HgCapital. |
| Who are Transporeon's investors? | Transporeon's investors include HgCapital. |
| Which companies are comparable to Transporeon? | Companies comparable to Transporeon include ElasticRun, Bringg, YH Global, Descartes Systems Group, GigaCloud Technology and GuoChuang Software. |
| How many companies has Transporeon acquired? | Transporeon has acquired 6 companies, including Tracks, SupplyStack, Nexogen, Logit One and TNX Logistics. |
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