Blume Global lands $500M valuation with Bridgepoint deal

Cloud-based logistics company Blume Global announced Wednesday it has raised new equity from Bridgepoint Group to continue its work to digitize customers’ supply chains, driving down waste and inefficiencies through automation and visibility applications.

While Blume Global did not disclose the amount of capital it received from Bridgepoint, which joins existing equity investors Apollo Global Management (NYSE:APO) and EQT, it did reveal the transaction now takes the value of the company to $500...

https://www.freightwaves.com/news/blume-global-lands-500m-valuation-with-bridgepoint-deal

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