V-Technologies Acquired by Aptean

Through integration with ERP solutions, the V-Technologies products, StarShip and ShipGear, deliver improved front office shipment visibility, bridging information gaps from order to shipment to delivery while increasing efficiency and reducing costs and errors.

V-Technologies-Angelo-Judy-Volta
Judy & Angelo Volta , Co-Founders

Client Description

The company

V-Technologies is a leading provider of integrated shipping software solutions. The Company’s solutions provide the link between Enterprise Resource Planning (ERP), eCommerce platforms, and logistics companies resulting in faster, more efficient shipment processing and fulfillment.

The software

The solution allows users to research availability and pricing across major shipping and parcel carriers, such as FedEx, UPS, and DHL, as well as to schedule, place, and track shipments. V-Technologies also supports the transportation of less-than-truckload (LTL) palletized goods and large freight items. The Company supports more than 4,000 customers in automating their shipping and front office functions.

Headquarters

Cheshire, CT

Buyer Description

The company

Aptean is a global provider of mission-critical enterprise software solutions. The Company’s enterprise resource planning and supply chain solutions are uniquely designed to meet the needs of specialized manufacturers and distributors in over 20 industries. Aptean is backed by private equity investors Charlesbank Capital Partners, TA Associates, and Vista Equity Partners.

Headquarters

Alpharetta, Georgia

PRESS RELEASE OVERVIEW

SEG Client, V-Technologies, Acquired by Aptean

August 3rd, 2021 — Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of V-Technologies, LLC, a leading provider of integrated shipping software solutions.

Founded in 1987 and headquartered in Connecticut, V-Technologies supports more than 4,000 customers in automating their shipping and front office functions. Through its two flagship shipping software products, StarShip and ShipGear, V-Technologies provides the link between Enterprise Resource Planning (ERP), eCommerce platforms and logistics companies resulting in faster, more efficient shipment processing and fulfillment. The solution allows users to research availability and pricing across major shipping and parcel carriers, such as FedEx, UPS and DHL, as well as to schedule, place and track shipments. V-Technologies also supports the transportation of less-than-truckload (LTL) palletized goods and large freight items.

Through integration with ERP solutions, the V-Technologies products, StarShip and ShipGear, deliver improved front office shipment visibility, bridging information gaps from order, to shipment, to delivery, while increasing efficiency and reducing costs and errors. Following this acquisition, V-Technologies will continue to work with its current partners and offer solutions designed to support a number of leading ERP systems. In addition, Aptean will offer V-Technologies’ cost-effective shipping and fulfillment capabilities to its customer base.

“With evolving sourcing needs and continued growth in eCommerce, the market is demanding faster, integrated shipping and fulfillment solutions,” said TVN Reddy, CEO of Aptean. “Our acquisition of V-Technologies will enable accelerated product development for current V-Technologies customers while also expanding Aptean’s logistics capabilities and strengthening our value proposition. We look forward to welcoming V-Technologies’ talented employees to Aptean and continuing its long-standing, positive partnerships with national and regional carriers as we continue to provide customers with leading logistics solutions.”

“This is an exciting opportunity to bring our world-class shipping technology solutions to a more global audience,” said Angelo Volta, CEO of V-Technologies. “Together, we will be able to increase customer visibility into the delivery supply chain.”

“We look forward to working with the Aptean team to continue innovating our capabilities for the benefit of customers,” added Judy Volta, co-founder V-Technologies.

Software Equity Group served as the exclusive adviser to V-Technologies.

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