Wednesday, 23 August 2017

BLUJAY SOLUTIONS RAISES UP TO $500 MILLION NEW FINANCING TO DRIVE ACCELERATED GROWTH

MANCHESTER, England, Aug 22 (Bernama-BUSINESS WIRE) -- BluJay Solutions, a leading provider of supply chain software and services powered by the world's first Global Trade Network, has raised a significant new financing facility from TPG Specialty Lending and BlueBay Asset Management's Private Debt Group. The capital will bolster BluJay's continued expansion of its market-leading Global Trade Network and help accelerate growth. In addition, the facility allows for $200 million of additional capital to finance acquisitions as BluJay continues to expand its market-leading software solutions.

"Our Global Trade Network has been widely accepted by companies around the globe," said Doug Braun, BluJay Solutions CEO. "They understand the power and vision of bringing thousands of supply chain participants into a single network and workflow. We are winning more deals because our Global Trade Network is resonating, and this new financing will allow us to accelerate our expansion plans."
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