Kirkland & Ellis LLP served as legal advisor to cloud-based software platform E2open Parent Holdings Inc. in its $2.1 billion acquisition by logistics software provider WiseTech Global Ltd., the companies announced today.
Under the terms of the agreement, WiseTech will acquire E2open for $3.30 per share in cash, representing a 28% premium over E2open’s closing stock price on May 23, 2025, and a 68% premium over its closing price on April 30, 2025. The transaction is valued at approximately $2.1 billion.
The acquisition will be financed through a new, fully underwritten debt facility totaling $3 billion. WiseTech expects the deal to expand its customer base by roughly 5,600 users, further strengthening its position in the global logistics market.
Richard White, Founder of WiseTech, commented, “This acquisition is a strategically significant step toward achieving our vision to become the operating system for global trade and logistics. E2open’s complementary products will enable us to create a multi-sided marketplace that connects all trade and logistics stakeholders, streamlining services and enhancing efficiency across the value chain.”
Andrew Appel, CEO of E2open, added, “Following a comprehensive strategic review, we believe WiseTech’s global reach and commitment to innovation perfectly complement our capabilities. Together, we will deliver a leading end-to-end platform for the world’s most complex supply chains.”
WiseTech is renowned for its CargoWise logistics execution software, while E2open’s platform supports manufacturing, logistics, and distribution companies, managing over 18 billion transitions annually. The platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and promote sustainability.
The two companies will operate independently until the transaction closes later this year, pending regulatory approval.
The Kirkland legal team advising E2open included experts across multiple practice areas: corporate, executive compensation, tax, technology and intellectual property, debt finance, and capital markets.
