By: Billy Pritchard, Tate Fowler

Key Themes

• M&A activity has remained strong within the Digital Supply Chain vertical, with an uptick in private equity activity during the first three quarters of 2022.
• As organizations worldwide continue to face widespread inflation, supply chain disruptions, and increased uncertainty, technological advancements within the supply chain will become necessary for the continued success of many businesses.
• Industry players have continued to look at M&A as the opportunity to solve supply chain disruptions by acquiring established
  technology to better serve their customers.
• The future of the industry will be driven by technological advancement helping to continue an increase in visibility and agility among complex supply chain systems.
• Public Comp valuations have continued to decline from market highs in 2021; valuations have trended towards 2019 levels for the majority of Digital Supply Chain software platforms that we track.

Key Vertical Trends

Notable “Take Private” Supply Chain Technology Acquisitions

Anaplan, Inc., a provider of a leading cloud-native platform for orchestrating business performance, has been acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $10.4 billion.

HG Vora Capital Management, an activist investor, is eyeing the buy out of fleet management and supply chain operator Ryder Systems. HG Vora currently owns a 9.9% stake in the company, and the $4.4 billion offer would take Ryder private. In a regulatory filing, HG Vora said it wanted to buy the rest of the company’s outstanding shares at $86 per share.