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BluJay Solutions receives strategic minority investment from Temasek 25 September 2017
Singapore investment firm helps fuel next phase of growth
BluJay Solutions has announced today that Temasek, an investment company headquartered in Singapore, has made an investment in BluJay to help the Company as it continues to experience accelerating growth, extended solution capabilities, and greater internationalisation.
Francisco Partners will continue to control the Company, which was valued at approximately US$700.0 million. Combined with the recently announced new financing facility, BluJay now has access to over US$500.0 million of capital earmarked for further acquisitions.
The Company’s objective is to become the world’s premier supply chain network, moving products around the world with ever greater efficiency. The relationship with Temasek will allow it to invest more aggressively by building on its innovative platform and entering new markets.