On September 21, 2021, project44, the global leader in real-time supply chain visibility, announced that it has acquired Austin-based Convey, the last-mile technology leader that powers exceptional direct-to-consumer delivery experiences for more than 200 of the world’s largest brands. Together, the two companies will serve the global supply chain end-to-end, providing real-time visibility and actionable insights from raw materials to the front door to help brands deliver differentiated direct-to-consumer and eCommerce experiences for their customers. Wilson Sonsini Goodrich & Rosati advised project44 on the transaction.

The acquisition, for $255 million in total consideration, is project44’s third in 2021 and its largest to date. With Convey, project44 now connects more than 880 global shippers and third-party logistics providers with a network of 113,000 carriers, 2.6 million assets, and more than 9 billion last-mile shipment events to help shippers optimize costs, grow revenue, improve speed, and service and improve the delivery experience.

The Wilson Sonsini team advising project44 on the transaction includes:

M&A
Mike Russell
Elia Perez Villamarin

Corporate
Michael Coke
Travis Scheft

Technology Transactions
Barath Chari

Privacy
Matt Staples

Employee Benefits
Michael Klippert

Employment Litigation
Rebecca Stuart

Tax
Greg Broome
Nika Antonikova

Corporate Finance
Kathy Rothman

For more information, please see project44’s press release.