Kewill completes acquisition of India-based Four Soft

Following its mid-August announcement saying that it had signed a definitive agreement to acquire the assets of Four Soft, a developer and marketer of logistics solutions for logistics services providers, manufacturers, and retailers, multimodal transportation software provider Kewill said this week that the deal is now officially completed.

By ·

Following its mid-August announcement saying that it had signed a definitive agreement to acquire the assets of Four Soft, a developer and marketer of logistics solutions for logistics services providers, manufacturers, and retailers, multimodal transportation software provider Kewill said this week that the deal is now officially completed.

Based in Hyderabad, India, Four Soft has more than 400 customers and 60,000 users in 120 countries. With this deal now official, Kewill gains all of Four Soft’s assets and subsidiaries, including more than 500 employees. And in conjunction with Kewill it is now a combined business with more than $110 million (USD) in revenue and 7,500 customers in more than 100 countries. 

“The acquisition is part of our strategic plan to significantly grow the Kewill business over the next five years,” said Evan Puzey, Chief Marketing Officer, Kewill, in a recent interview. “By bringing together two of the industry’s leading organizations, Kewill will have a greater global presence with increased domain expertise allowing us to support a larger and ever increasing customer base, with a broader set of products. At the completion of this acquisition, Kewill will have enhanced products, technology and domain skills, which will significantly improve our market leading position.”

When asked what the biggest benefits of this deal are for shippers, Puzey explained that it will extend Kewill’s product portfolio and further enhance its technology stack, allowing Kewill to continue to provide best-of-breed applications more efficiently and effectively to the logistics service providers involved in the supply chain.

He added that the acquisition reinforces its Multimodal Transportation leadership position in the Supply Chain Execution software market, as well as enhances Kewill’s product portfolio for Logistic Service Providers, Retailers and Manufacturers.

In terms of mutual benefits this deal brings to both parties, Kewill officials explained that Four Soft brings leading edge software to benefit the recently released Kewill MOVE, a new platform designed to manage the complexities of transportation, logistics, and trade compliance and supports the key business practices for optimized value in supply chain execution while shifting Chelmsford, Mass.-based Kewill to an enterprise software platform provider.

And with Four Soft part of the Kewill family, Kewill gains a 300-employee India-based software innovation center that is well-experienced in the multimodal transportation domain, coupled with the addition of Four Soft’s J2EE framework focused on more efficient code creation, according to Kewill.

“The acquisition of Four Soft is a strategic move by Kewill that we believe will deliver immense value to our customers, partners, employees, and shareholders,” said Bob Farrell, President and
CEO at Kewill, in a statement. “With this acquisition we have put in place the foundation to support organic growth over the coming years, as well as the resourcing and skills necessary to quickly deliver new applications and functionality to the market as the needs of our customers evolve.”


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

Kewill · All Topics
Latest Whitepaper
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh injection of equity investment is transforming the marketplace. At the same time, shippers may expect to see 3PLs continue to purchase high-tech “solutions” and hire young professionals for implementation.
Download Today!
From the August 2017 Logistics Management Magazine Issue
Which carriers, third-party logistics providers, and North American ports have crossed the service excellence finish line ahead of their competitors? Our readers have cast their votes, and now it’s time to introduce this year’s winners of the coveted Quest for Quality Awards.
BMW Takes the Inland Road to Efficiency
Global Logistics: No Shortcuts to Security
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...

LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...