WiseTech Global’s Acquisition of Blume Global

On February 17, 2023, WiseTech Global, developer of the leading logistics execution software CargoWise, announced its acquisition of Blume Global (“Blume”), provider of a leading solution facilitating intermodal rail in North America, for $414 million. Blume is being acquired from funds managed by Apollo, EQT and other minority shareholders. Cravath is representing WiseTech Global in connection with the transaction.

The Cravath team is led by partners George F. Schoen and G.J. Ligelis Jr. and includes associates Kelly N. King and Caroline B. Bowman on M&A matters; partner Ronald E. Creamer Jr. on tax matters; partner Eric W. Hilfers, senior attorney Sarah W. Colangelo, practice area attorney Aaron S. Cha and associate Chris S. Moon on executive compensation and benefits matters; partner David J. Kappos and associates Ryan J. Wichtowski and Kathryn‑Ann Stamm on intellectual property matters; partner Margaret T. Segall, of counsels Jesse M. Weiss and Benjamin G. Joseloff and associate Lila J. E. Nojima on regulatory matters; senior attorney Joyce Law and practice area attorney Lauren Piechocki on real estate matters; and senior attorney Annmarie M. Terraciano on environmental matters. Shoumick M. Hasan and Kiyon Hahm also worked on M&A matters; Tristan Baylor also worked on tax matters; Sarah R. Brathwaite also worked on intellectual property matters; and Star S. Gulant also worked on environmental matters.