Kirkland & Ellis advises e2open Parent Holdings, Inc. on $2.1 billion acquisition by WiseTech Global Limited

WiseTech Global is the acquirer and is described as a leading developer and provider of software solutions to the logistics execution industry globally. The target, e2open, was founded in 2000, is headquartered in Addison, Texas, operates in more than 20 countries, and connects more than 500,000 partners across a network tracking over 18 billion transactions annually.
WiseTech agreed to acquire e2open for US$3.30 per share in cash, implying an enterprise value of US$2.1 billion. To fund the acquisition, it secured USD 3 billion, equivalent to AUD 4.7 billion, of debt financing.
The acquisition financing was arranged as a syndicated debt facility with multiple tranches and staggered maturities of up to five years. WiseTech framed the transaction as adding adjacent markets, customer bases and product capabilities while accelerating its plan to build a multi-sided logistics and supply-chain marketplace.

e2open Parent Holdings is a connected supply chain SaaS platform built around a multi-enterprise network.
WiseTech agreed to acquire e2open for US$3.30 per share in cash, implying an enterprise value of US$2.1 billion.
The sale follows and concludes e2open's previously announced strategic review process.

WiseTech Global is the acquirer and is described as a leading developer and provider of software solutions to the logistics execution industry globally. The target, e2open, was founded in 2000, is headquartered in Addison, Texas, operates in more than 20 countries, and connects more than 500,000 partners across a network tracking over 18 billion transactions annually.
WiseTech agreed to acquire e2open for US$3.30 per share in cash, implying an enterprise value of US$2.1 billion. To fund the acquisition, it secured USD 3 billion, equivalent to AUD 4.7 billion, of debt financing.
The acquisition financing was arranged as a syndicated debt facility with multiple tranches and staggered maturities of up to five years. WiseTech framed the transaction as adding adjacent markets, customer bases and product capabilities while accelerating its plan to build a multi-sided logistics and supply-chain marketplace.

e2open Parent Holdings is a connected supply chain SaaS platform built around a multi-enterprise network.
WiseTech agreed to acquire e2open for US$3.30 per share in cash, implying an enterprise value of US$2.1 billion.
The sale follows and concludes e2open's previously announced strategic review process.

Deal Overview