Latham & Watkins Advises Francisco Partners and BluJay Solutions on US$1.7 Billion Combination with E2open

Private equity team advised on cross-border merger transaction.

May 27, 2021

Latham & Watkins advised BluJay Solutions, private equity firm Francisco Partners, Temasek, and other selling shareholders on the sale of BluJay to E2open Parent Holdings, Inc. for 72.4 million shares of Class A Common Stock and approximately US$760 million in cash, with an implied enterprise value of US$1.7 billion, including assumption of debt.  

BluJay is an integrated SaaS platform with comprehensive solutions for shippers, Logistics Service Providers and freight forwarders. BluJay shareholders will roll approximately 60% of their existing equity, resulting in an approximately 22% pro forma ownership of the combined company.

E2open is a leading network-based provider of a 100% cloud-based, mission-critical, end-to-end supply chain management platform.

Latham’s corporate team was led by London partner Kem Ihenacho, with London partner James Inness, Washington, D.C. partners Cory Tull and Paul Sheridan, and associates Stephanie Daaboul, Jon Fox, Connie Taylor-Cox, Sean Meehan, and Will Temple-Smith.

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.