Sumeru Equity Partners has sold 3G to Descartes
3G
Based in the U.S., 3G’s transportation management solutions combine modern cloud architecture, an expansive carrier network and planning-driven automation to help customers improve costs, customer satisfaction and efficiency. Shippers, third-party logistics providers and freight brokers leverage 3G’s platform to optimize over-the-road shipments with tools for planning, rating, consolidation and routing that cover the entire shipment lifecycle.
The Deal
Under Sumeru Equity Partners’ ownership, 3G successfully established itself as an industry-leading provider of transportation management and shipping execution software. Lincoln International acted as financial advisor to Sumeru Equity Partners and 3G, leveraging its expertise and relationships to drive a successful outcome to a strategic buyer.
Our Perspective
“It was a pleasure to work with Sumeru on another successful exit, as well as 3G’s strong management team, over the course of the transaction. We were able to leverage our global expertise in supply chain management software and broader industrial software to help unlock a strategic outcome for 3G in a great home at Descartes,” said Matt Kessler, Managing Director in Lincoln’s Technology Group.
Sumeru Equity Partners
Sumeru provides growth capital at the intersection of people and innovative technology. Sumeru seeks to embolden innovative founders and management teams with capital and a scaling partnership. Sumeru’s portfolio includes leading growth-stage companies in sectors ranging from enterprise and vertical SaaS applications, data analytics and education technology to infrastructure software and cybersecurity. The firm typically invests in North America and Europe.
Meet our Senior Team
I am inspired by working with entrepreneurs and innovators who feel passionately about what they are creating.
William Bowmer
Managing Director & Co-head of Technology, U.S.
San Francisco
View More Transactions in Technology
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.