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Access here alternative investment news about Trimble Navigation Limited (nasdaq:trmb) - Breaking: 3gtms Sells To Sumeru Equity For $87M | Benzinga
Private Equity

Trimble Navigation Limited (nasdaq:trmb) - Breaking: 3gtms Sells To Sumeru Equity For $87M | Benzinga

by benzinga.com posted 1month ago 215 views
read more. : FreightWaves has learned that next-generation transportation management system (TMS) provider 3Gtms has been acquired by Sumeru Equity Partners for a whisper number of $87 million. 3Gtms, founded in 2013, took on investment from Trimble (NASDAQ: TRMB) the following year. Trimble remains a major investor in the company. PJ Solomon advised 3Gtms on the sale. Sumeru Equity Partners is a Foster City, California-based private equity firm specializing in middle market tech companies.

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