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The Riverside Company invests in German e-logistics provider Transporeon July 13, 2011

Strong international growth is common goal

Munich, 13.07.2011 – The Riverside Company has made another major investment in Germany, partnering with Transporeon GmbH and TICONTRACT GmbH (Transporeon). The transaction will close once merger approval has been obtained and will be the second German acquisition in 2011 for the international private equity firm.

Transporeon, headquartered in Ulm, Germany, provides web-based centralized transport-management software. Transporeon operates several web-based logistics platforms that provide shippers and carriers with a platform and software to reduce costs, save time and improve service quality in logistics processes. The firm was founded in 2000 and has 450 customers in manufacturing and trade, as well as the 20,000 logistics firms connected to them. Transporeon is the leading European provider in e-logistics solutions, serving customers that include Coca-Cola, Knauf, Volkswagen, DHL and Nestle.

The Riverside Company, which specialises in acquiring medium-sized companies poised for growth, will continue to support Transporeon’s international expansion.

“We are very enthusiastic about Transporeon and excited about the partnership,” says Volker Schmidt, Partner at the Riverside Munich office. “The management team has a very impressive track record since founding the company 11 years ago. Within the past years, revenues have been increasing steadily double digits, even in crisis times in 2008 and 2009.”

“Furthermore,” continues Schmidt, “the management team as well as the business model are very convincing. In the light of increasing energy prices, toll fees as well as the impact of new regulations, it is a promising approach to make logistic processes much more efficient – and also be more environment friendly.”

Speaking on the transaction, Peter Förster, CEO and founder of Transporeon said, “Within the upcoming years we will make big steps towards a global expansion with new products and service offerings. We have decided upon Riverside, because they are the ideal partner for the further growth of our company. In addition to this, the team has also convinced us from a human perspective. We are very much looking forward for a successful partnership.”

With sales offices in 13 countries, Transporeon covers the European market and has already begun its international expansion with ThyssenKrupp in the USA.

In addition to Schmidt, the Riverside team responsible for the transaction included Vice President Dr. Michael Weber, Vice President Dominik Heer and Associate Sven Schulze.

Watson, Farley & Williams, Goetzpartners, Deloitte and KPMG consulted on the acquisition, and Berenberg Bank provided financing. Lampe Corporate Finance and McDermott Will & Emery advised Transporeon.

The Riverside Company
The Riverside Company is a global private equity firm focused on acquiring growing enterprises valued at up to €200 million. The firm partners with strong management teams and enhances its investments through acquisitions and operational growth. Since its founding in 1988, Riverside has invested in more than 250 transactions with a total enterprise value of more than €4.4 billion. The firm’s portfolio in North America, Europe and the Asia Pacific region includes more than 75 companies with roughly 14,000 employees. Riverside completes acquisitions smoothly thanks to €2.7 billion in assets under management, more than 195 professionals in 19 offices, and longstanding relationships with partner lenders.

www.transporeon.com and www.ticontract.com
Transporeon GmbH consists of the web-based logistic platform Transporeon and Ticontract, which is specialised in online freight tenders. With its headquarters in Ulm, Germany, Transporeon operates through its 13 local offices and has 170 employees. It serves more than 450 shipping agents as well as 20,000 logistics firms connected through its products and services.

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North America and Asia Pacific
Graham Hearns
Director of Marketing and Communications
The Riverside Company
+1 216 535 2221


Sarah FlahertyMarketing and Public Relations Manager
The Riverside Company
+322 626 21 21

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Holly Mueller
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The Riverside Company
+1 216 535 2236