Cass Buys Ocean, Airfreight Audit Specialist AcuAudit
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Cass Information Systems bought ocean and international airfreight audit provider AcuAudit for an undisclosed sum from Acuitive Solutions, it said.
“The Acuitive team has built a truly exceptional solution to support the advanced needs of global shippers,” said Tony Urban, president of Cass’ freight audit and payment group.
“Today, with a best-in-class solution for every mode as well as full global coverage, Cass offers the most robust freight audit and payment offering worldwide. We are the sole global provider for large shippers with complex transportation operations across all modes,” he added.
Cass is stepping up its audit operations, previously inking a strategic partnership with Brazilian audit provider Lupeon in November. Cass already offered audit provisions for other South American nations.
Acuitive President Phil Marlowe will provide strategic and industry advice to Cass following the latest deal.
“I am excited for AcuAudit to become a part of Cass as I’ve always wanted our vision to endure and thrive beyond me. I’m thankful for the efforts and dedication of the entire Acuitive team who made this possible. They, and our customers, will benefit from AcuAudit being integrated into Cass, with its financial capabilities and global reach,” said Marlowe.
Following the sale, Acuitive intends to concentrate on expanding its expedited shipment routing and multicarrier parcel manifesting solutions for the retail and fashion industries.
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