Aptean entered a merger agreement on January 24, 2025, to acquire Logility Supply Chain Solutions, Inc. (LGTY) in an all-cash deal valued at $442.75 million.
Under the terms of the agreement, Aptean will acquire all of Logility’s outstanding common stock for $14.30 per share, representing a premium of 26.33% from the stock’s last close.
Logility Supply Chain Solutions is a provider of AI-driven supply chain management solutions, helping organizations build sustainable, efficient digital supply chains. Headquartered in Atlanta, Georgia, the company serves over 500 clients across various industries with its end-to-end platform and advanced planning tools.
Aptean is a provider of industry-specific software solutions designed to help manufacturers and distributors effectively run and grow their businesses. Headquartered in Alpharetta, Georgia, Aptean offers tailored, AI-assisted platforms that enhance operational efficiency and deliver measurable results.
In December, 2717 Partners, a shareholder of Logility, urged the company’s Board to explore strategic alternatives, including the possibility of a sale. At the time of this call for action, Logility’s stock was trading at $10.99 per share.
The deal is anticipated to close in the second quarter of 2025. Upon completion, Logility will become part of a privately held company.
Lazard is acting as the financial advisor, while Jones Day is providing legal counsel to Logility. Meanwhile, Aptean is being advised on legal matters by Orrick.
Aptean’s acquisition of Logility is valued at 4.60 times the sales.
For a more comprehensive understanding of this M&A transaction, please visit the Deal Metrics page at:
Deal Metrics for the acquisition of Logility Supply Chain Solutions, Inc. (LGTY) by Aptean
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Editor’s Note: Baranjot Kaur contributed to this article