New transport management software group created with North East acquisition
A North East transport management software provider has announced its acquisition of a former competition to create a new group.
Mandata (Management and Data Services), headquartered in Newcastle, has announced that it has acquired Stirling Solutions, and will be forming a new Mandata Group, which will serve 2,000 customers.
The companies develop software that allows operators in the road transport and logistics industry to manage their businesses more effectively.
In June 2018, LDC, a private equity investor, backed Mandata in a £20m deal to help drive forward growth plans and accelerate organic growth.
Chris Rigg, CEO of Mandata Group, commented: “This is an incredibly exciting announcement which brings together two of the largest providers of TMS solutions to the road transport and logistics sector.”
“Road transport operators are under more pressure than ever to run their businesses more effectively.
“Increasing operating costs, customer expectation, regulations and market competition mean that transport operators need to invest in software solutions that allow them to take more control of their businesses, driving increased visibility and productivity.
“The sector is changing at an incredible pace as transport operators look for scalable solutions that help them run more of their business process. That’s where our range of TMS solutions comes in.
“Both companies have worked tirelessly to create solutions that help their customers improve the way they operate their business.
“By bringing Stirling Solutions into our broader group, we will be able to service the needs of those customers more effectively as we move forward in a market placing increased pressure on operators.”
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