AMCS, a Limerick, Ireland-based provider of sustainability software for foundational industries, acquired Qv21 Technologies, an Austin, TX-based provider of fleet management and logistics SaaS solutions for short-haul, bulk commodity transportation.
The amount of the deal was not disclosed.
Founded in 2009 and led by Jonathan Currie, CEO, Qv21 Technologies is a SaaS company specializing in transportation management systems for short-haul, bulk commodity transport. Dedicated to building cloud-based tools, it supports transporters, carriers, and commodity buyers in navigating industry challenges. Its flagship solution, The LogisticsFramework™ (TLF), increases operational visibility and streamlines business processes, from order to invoice.
Led by Jimmy Martin, co-founder and CEO, AMCS provides software solutions such as its Performance Sustainability Suite, an operating system for foundational industries that manages the running of day-to-day operations such as contracts and pricing, logistics and transportation, materials and resources, health and safety, and sustainability intelligence. The AMCS Performance Sustainability Suite drives growth and profitability, optimizes efficiency and safety, powers corporate sustainability initiatives, and prepares businesses for the circular economy and the future. The company works with 3,800 customers across the resources, waste, recycling, transportation, manufacturing, and utilities industries, in more than 80 countries delivering digital solutions that create measurable impact by increasing customer satisfaction, enhancing sustainability, and boosting margins.
With the acquisition, AMCS will expand its offerings. The fleet management and logistics solutions by Qv21 Technologies, along with its North American footprint and focus on bulk material transportation, are highly complementary to the AMCS Platform. The acquisition empowers AMCS to expand the capabilities of the AMCS Platform, enabling resource-intensive industries to achieve their sustainability goals faster, more efficiently, and profitably.
FinSMEs
09/09/2024