Paris-Based Eurazeo Capital has completed the acquisition of Wayne-based Elemica, a cloud-enabled digital supply network, from private equity firm Thomas Bravo.
The acquisition by Eurazeo is expected to support Elemica's expansion into new industry verticals, geographies, and product offerings through both organic growth as well as acquisitions.
Elemica offers a suite of SaaS solutions that allow customers to connect, automate and have visibility into their supply chains. It serves more than 450 customers worldwide, including 39 of the top global 100 chemical companies.
The deal, announced in August, was valued at $390 million with Eurazeo and its affiliatesputtign up $240 million is equity representing 95% ownership.,
