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Magaya Announces Double-Digit Growth in 2023, Driven by Innovation and Partnerships

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수요일, 1월 10, 2024

FedEx, Heart, AWB, Corporation, Partnership, Magaya Corporation, UPS, Element, Thoughtworks, AWS, UI, Final, USPS, Automation, Last, Magaya, Courier, Growth, Video game

MIAMI, Jan. 10, 2024 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced a notable close to fiscal year 2023 with double-digit annual revenue growth supported by ongoing advancements to its technology platform and its expanding partner network.

Key Points:

Released Insights by Magaya, a powerful business intelligence solution and data warehouse for Magaya Supply Chain.
Released updates to Magaya CRM supporting multiple Magaya Supply Chain instances, adding new reporting capabilities, and more.
A fundamental contributor to the company's growth in 2023 was the Magaya Partner Ecosystem, a diverse program welcoming international partners.
And while disruption can be stressful, it also creates a rich terrain for innovation," reflected Gary Nemmers, Magaya CEO.

Magaya Closes Successful Third Quarter 2023, Maintains Strong Growth Trajectory

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화요일, 10월 10, 2023

Partnership, AWS, Magaya Corporation, Magaya, Automation, Heart, Corporation, Growth, Thoughtworks, Online shopping, Q3

MIAMI, Oct. 10, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced impressive revenue and bookings growth for the third quarter ended September 30, 2023.

Key Points:

Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced impressive revenue and bookings growth for the third quarter ended September 30, 2023.
MIAMI, Oct. 10, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced impressive revenue and bookings growth for the third quarter ended September 30, 2023.
"Magaya solutions provide the ideal platform for growth, enabling the visibility needed to make proactive strategic decisions, unlocking new efficiencies with automation, and putting the customer at the heart of the business," said Gary Nemmers, Magaya CEO.
Surpassing year-over-year third-quarter revenue by 20%, Magaya maintains its strong growth trajectory as it heads into the final quarter of 2023.

Magaya Selects Thoughtworks for Cloud Platform Modernization on AWS

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수요일, 9월 20, 2023

Heart, Maintenance, Magaya Corporation, Amazon, US, Corporation, Magaya, Workload, Government, Amazon Web Services, Service, AWS, Automation, Online shopping, Renewable energy, Thoughtworks

MIAMI, Sept. 20, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced that it has selected Thoughtworks to support its cloud platform modernization on Amazon Web Services, Inc. (AWS).

Key Points:

Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced that it has selected Thoughtworks to support its cloud platform modernization on Amazon Web Services, Inc. (AWS).
MIAMI, Sept. 20, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced that it has selected Thoughtworks to support its cloud platform modernization on Amazon Web Services, Inc. (AWS).
This project is an important move for Magaya to enable superior security, reliability, and interoperability among all Magaya solutions and third-party applications.
As pioneers in agile methodology, AWS Premier Tier Services Partner, Thoughtworks is accelerating Magaya's path to innovation as it supports Magaya's migration to AWS enabling even greater speed, efficiency and scale.

Magaya Closes a Successful First Half of 2023, Surpassing Revenue Targets

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수요일, 7월 12, 2023

Final, UI, Transportation and Warehouse Management System, Magaya Corporation, Last, Automation, Corporation, Magaya, Growth, Video game, Online shopping, Q2

MIAMI, July 12, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced outstanding revenue and bookings growth for the second quarter ended June 30, 2023.

Key Points:

Surpassing second-quarter revenue targets, Magaya maintained its strong growth trajectory during the first half of 2023.
Its broad customer base with unprecedented retention, combined with a solid pipeline has positioned the company for a promising second half of the year.
The Magaya Digital Freight Platform provides the unified foundation logistics service providers need to make smart use of digitization and automation.
Released updates to Magaya CRM supporting multiple Magaya Supply Chain instances, adding new reporting capabilities, and more.

Magaya Releases Report on State of Digitization in Freight Forwarding

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월요일, 5월 8, 2023

Cloud, Insurance, Organization, RFQ, Magaya Corporation, Digital, Corporation, D&O, Risk, Automation, Magaya, Cargo, Online shopping

MIAMI, May 8, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced the release of its inaugural report on the state of digitization in freight forwarding. The report is based on a survey completed by 70 freight forwarders, 3PLs, and NVOCCs of varying sizes from around the world.

Key Points:

Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced the release of its inaugural report on the state of digitization in freight forwarding.
MIAMI, May 8, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced the release of its inaugural report on the state of digitization in freight forwarding.
The pace of digitization in freight forwarding has accelerated since 2020, with companies increasingly investing in technology solutions to streamline operations.
Key findings include:
Automation and digitization: 24% of respondents still have completely manual processes, as in no ERP or specialized freight forwarding software.

Magaya Welcomes Jayson Peterson as Vice President of Global Channels and Alliances

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수요일, 4월 19, 2023

TSOL, Marketing, Magaya Corporation, Dassault Group, Corporation, Turvo, CRM, Airline, T.S.O.L., Magaya

MIAMI, April 19, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced the appointment of industry veteran Jayson Peterson as Vice President of Global Channels and Alliances in a strategic move to strengthen its worldwide partner program.

Key Points:

Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced the appointment of industry veteran Jayson Peterson as Vice President of Global Channels and Alliances in a strategic move to strengthen its worldwide partner program.
MIAMI, April 19, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced the appointment of industry veteran Jayson Peterson as Vice President of Global Channels and Alliances in a strategic move to strengthen its worldwide partner program.
"As a Magaya partner since 2020, I can attest that Magaya has been an outstanding complement to our business.
"The expansion of our partner program at Magaya signals a continued investment into our global reach," commented Gary Nemmers, Magaya CEO.

Magaya Achieves Double-Digit Revenue Growth With Exceptional Start to 2023

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월요일, 4월 17, 2023

Transportation and Warehouse Management System, FedEx, Apax Partners, Magaya Corporation, SMB, USPS, EBITDA, Corporation, T.S.O.L., Magaya, UPS, Video game

MIAMI, April 17, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced an outstanding start to 2023, achieving its ambitious sales goals and delivering strong revenue in the first quarter. The addition of new customers along with unprecedented retention and expansion were the primary drivers of double-digit growth for revenue and EBITDA in Q1.

Key Points:

Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced an outstanding start to 2023, achieving its ambitious sales goals and delivering strong revenue in the first quarter.
The addition of new customers along with unprecedented retention and expansion were the primary drivers of double-digit growth for revenue and EBITDA in Q1.
MIAMI, April 17, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced an outstanding start to 2023, achieving its ambitious sales goals and delivering strong revenue in the first quarter.
The addition of new customers along with unprecedented retention and expansion were the primary drivers of double-digit growth for revenue and EBITDA in Q1.

Harris Williams Advises Magaya Corporation on its Recapitalization by Apax Digital

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화요일, 1월 31, 2023

Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Magaya Corporation (Magaya), a portfolio company of LLR Partners (LLR), on its recapitalization from funds advised by Apax Digital, the growth equity arm of Apax Partners (Apax).

Key Points:

Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Magaya Corporation (Magaya), a portfolio company of LLR Partners (LLR), on its recapitalization from funds advised by Apax Digital, the growth equity arm of Apax Partners (Apax).
The transaction was led by Andy Leed , Erik Szyndlar , Ryan Costa , Colin Chapin and Sean McGann of the Harris Williams Technology Group .
“International logistics is undergoing an industry-wide digital transformation, and Magaya is playing a central role in helping freight forwarders become more agile and resilient through its modern digital freight platform,” said Andy Leed, a managing director at Harris Williams.
Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Magaya completes equity recapitalization led by the Apax Digital Funds with significant rollover from existing investor LLR Partners and management

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화요일, 1월 31, 2023

Magaya Corporation, LLR, Environment, 7 March Speech of Bangabandhu, Investment, Partner, Online shopping, Apax Partners, Magaya

MIAMI, Jan. 31, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation ("Magaya" or the "Company"), a leading provider of supply chain automation and logistics software, today announced that funds advised by Apax Digital, the growth equity arm of global private equity advisory firm Apax, completed a recapitalization of the Company alongside existing investor LLR Partners and other shareholders. The investment will be used to support continued organic growth, platform enhancements, and strategic M&A.

Key Points:

MIAMI, Jan. 31, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation ("Magaya" or the "Company"), a leading provider of supply chain automation and logistics software, today announced that funds advised by Apax Digital, the growth equity arm of global private equity advisory firm Apax, completed a recapitalization of the Company alongside existing investor LLR Partners and other shareholders.
Within this context, supply chain stakeholders are turning to digital and software solutions to become more adaptable, agile, and resilient to remain competitive.
We look forward to building on this success to date alongside Apax Digital," said David Reuter and Michael Pantilione , Partners at LLR Partners.
Harris Williams LLC served as financial advisor to Magaya in connection with this transaction.

Magaya Announces Outstanding Growth in 2022, Evolution of Digital Freight Platform

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화요일, 1월 10, 2023

Microsoft Excel, EBITDA, Automation, Artificial intelligence, ACAS, Corporation, Magaya Corporation, Growth, Type 86, Warehouse management system, Video game, 3D printing, Magaya

MIAMI, Jan. 10, 2023 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of logistics and supply chain automation software, today announced a strong close to fiscal year 2022 with outstanding annual revenue growth propelled by ongoing advancements to its technology platform and best-in-class customer service.

Key Points:

With uncertainty reigning over the freight industry throughout 2022, Magaya recognized and addressed the pressing need for logistics service providers to be more adaptable, agile, and resilient than ever.
The time and cost savings its customers achieve with the Magaya Digital Freight Platform enables them to operate more efficiently while also enhancing the experience for the end customer, a win-win for all.
Warehouse visibility, online payments, and invoicing for the Magaya Digital Freight Portal when used with Magaya Supply Chain.
"Q4 was an outstanding quarter for us, capping off a record year of growth for Magaya.