DEERFIELD, Ill. and
BROOKFIELD, Wis., March 2, 2020 /PRNewswire-PRWeb/ -- FOG
Software Group ("FOG"), a division of Vela Software, and
Constellation Software, Inc. (TSX: CSU) today announced that it has
acquired ProShip, Inc. ("ProShip") from Quadient, formerly
Neopost.
Brookfield, WI-based ProShip is
a leader in enterprise parcel shipping solutions. Their customers
include 25% of the National Retail Federation's top 100 retailers
who ship parcels, plus manufacturing, healthcare, and logistics
companies who depend on ProShip for fast, efficient and
cost-effective multi-carrier shipping.
Following the acquisition, ProShip will operate as an
independent division of FOG Software Group. The company will
continue to develop, enhance, service, and support its
market-leading shipping software in providing a competitive edge to
customers.
"ProShip is a great addition to our growing portfolio of supply
chain software," said Andy Hodge,
FOG Software Group Portfolio Manager for Supply Chain and
Logistics. "We are delighted to welcome ProShip with their proven,
carrier-compliant solutions for medium- and high-volume shippers,
and their impressive, company-wide focus on maximizing customers'
return on investment."
"We are excited to be working with FOG Software Group," said
Matt Mullen, President of ProShip.
"Not only do they have extensive experience in the software
industry; they share our belief in the importance of technological
advancement in the supply chain."
About FOG Software Group
Deerfield, IL-based FOG Software
Group https://www.fogsoftwaregroup.com is a division of
Toronto-based Vela Software
https://www.velasoftwaregroup.com and Constellation Software, Inc.
(TSX: CSU) https://www.csisoftware.com. The companies acquire,
manage, and build software companies in a variety of vertical
markets. By helping their acquired companies improve operations,
grow through organic initiatives, and seek additional acquisitions
that can strengthen their market position, their portfolio
companies become clear leaders in their industries.
ProShip, Inc. is a global provider of enterprise-wide,
automated, multi-carrier shipping and manifesting software that
allows retailers, manufacturers, third-party logistics and
healthcare companies to ship at lighting speeds, stay carrier
compliant, and build stronger-than-ever customer revenue streams.
Founded by two US Navy veterans in 2001, the company was most
recently part of Quadient, formerly known as Neopost. Learn more
about ProShip online https://www.proshipinc.com.
SOURCE FOG Software Group