WCAS Acquires TrueCommerce in Deal

WCAS acquires TrueCommerce in a deal. TrueCommerce is a global provider of trading partner connectivity and integration solutions. Welsh, Carson, Anderson & Stowe (WCAS) is a leading private equity firm. As a result, their investment in TrueCommerce will continue the company's growth in its geographies and customer segments. Also, WCAS plans to expand TrueCommerce's business into new segments and capability area through a focused strategy.

“We are very excited to partner with WCAS in our continued journey as a leader in supply chain collaboration, connectivity, and integrations,” said Michael Cornell, CEO of TrueCommerce. “Pairing the TrueCommerce management team’s deep domain expertise with WCAS’s investment acumen and track record of accelerating growth in technology companies w...

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