OTTOWA, ONTARIO – We are pleased to share that MPO has been acquired by Kinaxis (TSX:KXS). Updata initially invested in MPO in August of 2016, and we have worked closely with the Company to build out their go-to-market apparatus, expand the management team and back office, and guide the Company through the exit process.
MPO provides a cloud-based orchestration platform, which allows customers to gain visibility and control of their complex supply chains. Brand owners and logistics service providers leverage the platform to connect disparate systems, coordinate across multi-part networks, and optimize inventory orders and logistics at every step. The combination of MPO’s platform and Kinaxis’ Rapid Response planning offering provides real-time visibility across the entire order lifecycle from planning commitment through delivery.
The Company announced the transaction this week, and the press release can be found here. We wish the management team the best in their next phase of growth under Kinaxis.