US-based Francisco Partners, a leading global private equity firm that specializes in investments in technology and technology-enabled businesses, has acquired Consignor Group, a leading Nordic software company with a clear focus on delivery management solutions for the booming e-commerce industry and industrial companies.
After 23 years of entrepreneurial ownership by founder and CEO Peter Thomsen, Consignor Group has received backing from Francisco Partners.
“Our customers are amongst the world’s most successful e-commerce and industrial companies, each expecting that Consignor can continue to grow and develop to support them with the complexity of delivery management for their present and future growth aspirations. Our new partner has the in-depth industry insight and financial resources to make that happen. I am so happy to serve our customers with the support from Francisco Partners says founder and CEO of Consignor Peter Thomsen.
Peter Thomsen will continue as CEO and a 30% shareholder in Consignor Group.
“Consignor has built a software business with an enviable market position and a strong customer base,” commented Petri Oksanen, Partner at Francisco Partners, who will join the Consignor board. “We are excited to support the team as they embark on this next phase of growth with an eye to accelerating Consignor’s development both organically and through acquisitions.”
“We are thrilled to join forces with Peter and his team and firmly believe they are the platform to back in this exciting space,” added Mario Razzini, Principal at Francisco Partners, who will also join the Consignor board.
Aabø-Evensen & Co advised Francisco Partners in connection with the transaction on all legal matters related to the acquisition, including negotiation of the transaction documents.
To view Francisco Partners’ press release, please click here
Photo: Consignor. 7 January 2021 Unifaun, a leading Stockholm-based cloud Transport Administration Systems (“TAS”) platform, and Consignor, an Oslo-based cloud TAS platform, announced that they have...
UK lower mid-market investor, Tenzing Private Equity, announced 2 December that its portfolio company, Ticketer, has acquired the Nordics’ leading bus ticketing company, FARA. The investment in FARA...