BluJay Solutions Gets Minority Investment from Temasek
Temasek, an investment company headquartered in Singapore, has invested in BluJay Solutions, a leading provider of supply chain software and services powered by the world’s first Global Trade Network, as it continues to grow, extended solutions, and expand globally.
Francisco Partners will continue to control the company, which was valued at approximately $700 million.
Combined with the recently announced new financing facility, BluJay has access to over $500 million of capital earmarked for further acquisitions.
“Our objective is to become the world’s premier supply chain network, moving products around the world with ever greater efficiency,” says Doug Braun, BluJay’s CEO. “Our relationship with Temasek will allow us to invest more aggressively by building on our innovative platform and entering new markets.”
“We believe they will add tremendous value to the business and together we will bring our experience, knowledge, and guidance to help BluJay on its continued exciting journey,”says Deep Shah, Chairman of the BluJay Board of Directors and Co-President at Francisco Partners.
Category: General Update, News
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