Unifaun’s Merger Agreement With Consignor

Plesner acted as lead counsel for Marlin Equity Partners, Unifaun’s majority owner, on the transaction. Paul Hastings LLP advised Francisco Partners on the deal.

Unifaun, a leading Stockholm-based cloud Transport Administration Systems platform, and Consignor, an Oslo-based cloud TAS platform, entered into a definitive merger agreement.

These two leading providers of TAS software will combine to offer shippers, carriers, and parcel recipients globally best-in-class solutions for shipping and handling of goods. Marlin Equity Partners, Unifaun’s current majority owner, has partnered with Francisco Partners, Consignor’s current majority shareholder, in the transaction to become equal shareholders in and together own a majority of the combined business.

The merger creates a prominent global provider of cloud TAS solutions, bringing together two highly complementary and scalable SaaS-based products that will benefit from the collective best-of-breed feature/functionality and greater geographic coverage. Additionally, the merger expands the combined company’s ability to address a range of TAS and other supply chain execution capabilities. Building on Unifaun and Consignor’s Nordic-heritage, the combined company is poised to continue to accelerate growth globally.

Unifaun provides innovative and high-quality cloud TAS solutions to carriers, shippers, and parcel recipients across the European transportation ecosystem. With an extensive partner ecosystem and carrier library, Unifaun handled more than 300 million shipments in the system in 2019. Unifaun has over 200 employees in Sweden, Finland, Norway, Denmark, the Netherlands, Belgium, Germany, and Poland.

Consignor supports their customers delivery processes by making it simpler, quicker, and cost-effective to ship orders to customers and by making delivery a competitive advantage. Consignor provides TAS solutions, enabled through a wide-ranging carrier library, connecting shippers’ websites and warehouses with their customers.

Marlin Equity Partners is a global investment firm with over $7 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value.

Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses.

The Plesner team included Henrik Rossing Lønberg (Picture), Thomas Pitzner-Jørgensen, Rie Paving Mortensen, Peter E. Stassen and Christian Cold.

The deal team advising Francisco Partners was led by Anu Balasubramanian and included Arun Birla, Pierre Kirch and Jamie Holdoway.

Involved fees earner: Anu Balasubramanian – Paul Hastings; Arun Birla – Paul Hastings; Jamie Holdoway – Paul Hastings; Pierre Kirch – Paul Hastings; Christian Cold – Plesner; Rie Paving Mortensen – Plesner; Thomas Pitzner-Jørgensen – Plesner; Henrik Rossing Lønberg – Plesner; Peter Stassen – Plesner;

Law Firms: Paul Hastings; Plesner;

Clients: Francisco Partners; Marlin Equity Partners;