E2open to be Acquired by WiseTech Global
E2open Parent Holdings, Inc., a well-known provider of supply chain software, announced on May 25 that it will be acquired by WiseTech Global Limited, a leading firm in logistics software. This deal comes after E2open’s detailed review of its business options.
As part of the agreement, E2open shareholders will receive $3.30 per share in cash, leading to a total enterprise value of about $2.1 billion. The price represents a 28% increase from E2open’s stock price before the announcement on May 23, 2025, and a 68% rise from its price on April 30, 2025.
Andrew Appel, CEO of E2open, expressed confidence in the decision, stating, “This agreement with WiseTech Global maximizes value for our shareholders and positions us for future success. WiseTech’s global reach and commitment to innovation will enhance E2open’s capabilities.”
Chinh E. Chu, Chairman of E2open’s Board, added that the review of various options focused on maintaining core business strengths. He believes this agreement underscores the strength of E2open’s offerings and client base.
Transaction Timeline
E2open and WiseTech will remain independent until the deal closes, which is anticipated in the second half of 2025. The transaction is pending standard regulatory approvals and has received unanimous approval from the E2open Board. Shareholders holding a majority of E2open’s outstanding shares also agreed to the transaction by written consent. After the deal is finalized, E2open’s stock will no longer trade on the New York Stock Exchange.
This acquisition marks a significant step for both companies and promises to enhance the capabilities offered to supply chain management.
