Project44’s Acquisition of Convey

Wilson Sonsini Goodrich & Rosati advised project44 on the deal.

project44, the global leader in real-time supply chain visibility, has acquired Austin-based Convey, the last-mile technology leader that powers exceptional direct-to-consumer delivery experiences for more than 200 of the world’s largest brands. Together, the two companies will serve the global supply chain end-to-end, providing real-time visibility and actionable insights from raw materials to the front door to help brands deliver differentiated direct-to-consumer and eCommerce experiences for their customers.

The acquisition, for $255 million in total consideration, is project44’s third in 2021 and its largest to date. With Convey, project44 now connects more than 880 global shippers and third-party logistics providers with a network of 113,000 carriers, 2.6 million assets, and more than 9 billion last-mile shipment events to help shippers optimize costs, grow revenue, improve speed, and service and improve the delivery experience.

The Wilson Sonsini team advising project44 on the transaction included: Mike Russell (Picture), Ruben Rabassa, Elia Perez Villamarin, Michael Coke, Travis Scheft, Bartek Sudol, Jacob Shepherd, Barath Chari, Abigail Givol, Matt Staples, Michael Klippert, Kristen Stidham, Rebecca Stuart, Meaghan Snyder, Greg Broome, Nika Antonikova and Kathy Rothman.

Involved fees earner: Nika Antonikova – Wilson Sonsini Goodrich & Rosati; Gregory Broome – Wilson Sonsini Goodrich & Rosati; Barath Chari – Wilson Sonsini Goodrich & Rosati; Michael Coke – Wilson Sonsini Goodrich & Rosati; Abigail Givol – Wilson Sonsini Goodrich & Rosati; Michael Klippert – Wilson Sonsini Goodrich & Rosati; Ruben Rabassa – Wilson Sonsini Goodrich & Rosati; Kathleen Rothman – Wilson Sonsini Goodrich & Rosati; Michael Russell – Wilson Sonsini Goodrich & Rosati; Travis Scheft – Wilson Sonsini Goodrich & Rosati; Jacob Shepherd – Wilson Sonsini Goodrich & Rosati; Meaghan Snyder – Wilson Sonsini Goodrich & Rosati; Matt Staples – Wilson Sonsini Goodrich & Rosati; Kristen Stidham – Wilson Sonsini Goodrich & Rosati; Rebecca Stuart – Wilson Sonsini Goodrich & Rosati; Bartek Sudol – Wilson Sonsini Goodrich & Rosati; Elia Villamarin – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: project44;

Martina Bellini

Author: Martina Bellini