Logility's Financial Performance After Acquisition by Aptean
Logility Supply Chain Solutions, Inc. has recently announced its completion of acquisition by Aptean, Inc. for $14.30 per share in cash. This acquisition, which was initially announced on January 24, 2025, has now been finalized after receiving approval from Logility shareholders on April 3, 2025.
Logility, a leading provider of AI-first supply chain management solutions, has seen significant changes in its financial metrics following the acquisition. The company, which previously had its shares of common stock listed on The Nasdaq Global Select Market, will no longer be traded on any public market as a result of this acquisition.
Prior to the acquisition, Logility boasted over 500 clients in 80 countries. The company's fully integrated, end-to-end platform was designed to help clients know faster, turn uncertainty into opportunity, and transform the supply chain from a cost center to an engine for growth.
Aptean, the global provider of industry-specific software, has now taken over Logility's operations. Aptean, headquartered in Alpharetta, Georgia, focuses on helping manufacturers and distributors effectively run and grow their businesses. Following the acquisition, Logility's financial performance will likely be closely monitored to assess the impact of the acquisition on its operations and market positioning.
As Logility transitions into this new phase under the ownership of Aptean, industry analysts and stakeholders will be keen to observe how the company's financial metrics, such as revenue, operating income, and net income, may evolve in subsequent reporting periods. This acquisition marks a significant development in the industry, and the financial community will be watching closely for updates on Logility's performance under its new ownership. The market has reacted to these announcements by moving the company's shares 0.1% to a price of $14.29. If you want to know more, read the company's complete 8-K report here.
