Aethlon Capital Advises Cerasis on Its Sale to GlobalTranz
Summary
I am excited to write the next chapters of the Cerasis story with GlobalTranz.” Sima Griffith, Managing Principal of Aethlon Capital, said, “Aethlon conducted a broad marketing process to both strategic and financial buyers that resulted in a great outcome for our client. We are very pleased to have successfully advised Cerasis’s three owners on the sale of their company.” Commenting on the acquisition, Renee Krug, Chief Executive Officer of GlobalTranz, said, “Cerasis has a strong history of providing its customers with solutions that help create competitive and operative advantages. Cerasis leverages its extensive data resources alongside its technology to provide logistics solutions that help its customers drive efficiencies, gain visibility and support growth. GlobalTranz is leading the logistics software and services market in innovative technology that optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in real-time. Leveraging its extensive independent agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 1 million product users and 25,000 shippers.