San Francisco -- Francisco Partners, a technology-focused private equity firm based in San Francisco, said on Thursday it has completed its acquisition of U.K.-based Kewill, a developer of global trade and logistics software. Financial terms of the deal -- Francisco's sixth take-private transaction in Europe since 2009 -- were not disclosed. "We see a significant opportunity for Kewill as long-term growth and increasing complexity in the trade and transportation of goods drives the need for comprehensive software solutions," said Deep Shah, a partner at Francisco Partners. Founded in 1972, Kewill boasts more than 7,000 clients, including Bayer, Black & Decker, Damco, DHL, Hitachi, Ingersoll Rand, Mothercare, UPS and TNT.
http://www.franciscopartners.com
http://www.kewill.com
http://www.businesswire.com/news/home/20120712005220/en/Francisco-Partners-Completes-Acquisition-Global-Supply-Chain