HighJump Software acquires Evenex

HighJump Software bolsters EMEA presence by adding Denmark’s leading provider of business-to-business integration solutions to existing supply chain management suite.
By Modern Materials Handling Staff
July 17, 2013 - MMH Editorial

Today, HighJump Software announced it has acquired Evenex, a provider of business-to-business integration solutions. Offering more than 25 years of experience in electronic data interchange (EDI) and trading partner connectivity, Evenex enables organizations to optimize trade relations and exchange business documents across the value chain by open and flexible managed cloud services. Evenex has over 3,000 customers exchanging more than 375,000,000 documents every year and is the leading and preferred business-to-business integration provider in Denmark.

The Evenex trading partner integration solution complements HighJump Software’s existing supply chain application suite which includes warehouse management systems, transportation management systems, route accounting systems, manufacturing execution, mobile sales and EDI solutions. The acquisition of Evenex extends HighJump Software’s EDI capabilities into the EMEA region.

“HighJump Software is a great fit for Evenex because it shares a common focus recognizing the importance of EDI in efficient supply chain execution while providing us with broader solution and geographic footprints,” commented Ole Pedersen, Evenex CEO. “As a part of HighJump Software, we will have access to focused capital to grow in the Nordic region and beyond. I am excited for the Evenex team to join HighJump, while continuing to provide excellent service, support and product innovation to our customers.”

“We are excited to welcome the more than 3,000 Evenex customers and a dedicated group of new team members to the HighJump family,” said Russell Fleischer, HighJump Software CEO. “It is an important first step towards broadening our geographic coverage in Europe, and we look forward to driving organic growth as well as continuing to look for logical merger and acquisition opportunities.”



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!

Recent Entries

Putting the renewed strength in the truckload market into a very positive perspective is a report issued by Avondale Partners analyst Donald Broughton, which was released yesterday. Entitled, “Q2’15 Trucking Capacity; Goldilocks Era Continues,” Broughton explained that in the second quarter only 70 truckload fleets failed, or exited the business. That number may seem high to some, but it is not, especially when you consider that the second quarter of 2014 saw more than five times as many truckload carriers, 375 to be exact, exit the business.

Global demand remains stable as packaging equipment providers of all sizes shift focus

Six straight days without a ship waiting for berth

Freight forwarders were relieved to learn yesterday that U.S. Customs and Border Protection (CBP) would be delaying its Automated Commercial Environment (ACE) implementation.

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

About the Author

Josh Bond, Senior Editor
Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.

Comments

Post a comment
Commenting is not available in this channel entry.