Allen & Overy LLP has advised private equity company The Riverside Company (“Riverside”) on the sale of its shareholding in Transporeon Group (“Transporeon”), held by Riverside since 2011. Purchaser is leading global private investment firm TPG Capital. The transaction was closed today, on Thursday, 15 September. The parties agreed not to disclose the transaction price.

Transporeon links manufacturers, retailers and wholesalers with logistics service providers. Headquartered in Ulm and Kempten, Transporeon offers three SaaS based logistics platforms: Transporeon for transportation management; Ticontract for e-sourcing, procurement and freight bill auditing; Mercareon for retail specific dock scheduling. These three platforms currently link over 1,000 shippers, 57,000 carriers and 100,000 users in over 100 countries.

ransporeon’s efficient, user-friendly web-based solutions facilitate RFP management, load tendering, dock scheduling and real-time mobile tracking and tracing. Established in 2000 in Germany, Transporeon today is the European market leader in the e-logistics sector with growing presence in Asia and the US.

The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to$400 million. Since its founding in 1988, Riverside has invested in more than 430 transactions. The firm’s international portfolio includes more than 80 companies.

The Allen & Overy team comprised partners Dr Astrid Krüger (Lead partner, Corporate/M&A), Dr Walter Uebelhoer (Banking, both Munich), Dr Heike Weber (Tax, Frankfurt), Dr Jens Matthes, (IP, Düsseldorf), the counsels Dr Murad Daghles (Corporate/M&A, Düsseldorf), Dr Markus Ernst (Tax), Dr Bettina Scharff (Employment), senior associates Dr Dorothea Tachezy (Corporate/M&A, Munich), Dr Daniel Epe (Corporate/M&A, all Munich), Miray Kavruk (Düsseldorf), Dr Ilja Baudisch (Banking, Munich), Dr René Galle, Dr. Ioannis Thanos (both Antitrust, Hamburg), Dr Marcus Grühn (Real Estate, Hamburg) as well as the associates Kyrill Chilevych (Corporate/M&A, Düsseldorf), Dr Gregor Janisch (Corporate/M&A, Munich) and Tobias Hugo (Corporate/M&A, Munich).

Allen & Overy offices in Luxembourg, New York, Perth, Warsaw and Singapore were also involved in the transaction.