Mergers & Acquisitions

ConData Global Acquired by Astira Capital Partners

6355 ConData NT

M&A Engagement Overview

Industry Group: Transportation & Logistics
Areas of Focus: Third-Party Logistics Technologies, Supply Chain 

Harris Williams advised ConData Global, a portfolio company of NextGen Growth Partners, on their sale to Astira Capital Partners. ConData is a leading provider of freight post-audit and other transportation spend management and analytics solutions.

As global shipping networks continue to grow in complexity, companies will increasingly depend on tech-enabled service providers that focus on audit, recovery, and spend management services, driving demand for the providers that focus on these solutions. ConData has delivered resilient and consistent performance across multiple market environments, and Astira will be an excellent partner for the company as they enter their next phase of growth.

ConData is a market leader in the highly complex freight post-audit industry and offers a comprehensive range of capabilities covering all modes and regions. The company leverages a unique and differentiated combination of proprietary technology and experienced audit talent to deliver client savings and provide spend management solutions across multiple modes of freight and parcel on a global scale.

This was a unique opportunity to invest within the scaled global transportation market in a space that has demonstrated consistent growth and resilient performance despite broader freight market dynamics. With global supply chain network complexity increasing, demand from shippers and carriers for effective audit, recovery, and spend management solutions continues to rise.

Astira’s operational expertise and industry knowledge will support ConData’s ongoing investment in technology and human capital, enabling them to deliver deeper data-driven insights to their clients and more effectively manage complex workflows.

Contact the Harris Williams Transportation & Logistics Group to learn more about this client engagement.