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Logistics

BluJay Solutions raises US$500mn financing to drive growth

By Minjun Park
1 min read
BluJay Solutions
BluJay Solutions
In this article (4)

BluJay Solutions, a provider of supply chain software and services powered by the world’s first Global Trade Network, has raised a significant new financing facility from TPG Specialty Lending and BlueBay Asset Management’s Private Debt Group. The capital will bolster BluJay’s continued expansion of its market-leading Global Trade Network and help accelerate growth. In addition, the facility allows for US$200 million of additional capital to finance acquisitions as BluJay continues to expand its market-leading software solutions.

“Our Global Trade Network has been widely accepted by companies around the globe,” said Doug Braun, BluJay Solutions CEO. “They understand the power and vision of bringing thousands of supply chain participants into a single network and workflow. We are winning more deals because our Global Trade Network is resonating, and this new financing will allow us to accelerate our expansion plans.”

Questions & Answers

Q.

Which companies provided the financing facility to BluJay Solutions?

A.

The significant new financing facility for BluJay Solutions was provided by TPG Specialty Lending and BlueBay Asset Management’s Private Debt Group.

Q.

What is the primary purpose of this new financing for BluJay Solutions?

A.

The capital will bolster BluJay’s continued expansion of its Global Trade Network and help accelerate its growth.

Q.

How much additional capital is available for BluJay Solutions to fund acquisitions?

A.

The facility allows for an additional US$200 million, specifically to finance acquisitions as BluJay expands its software solutions.

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