Accellos Inc. — a provider of logistics, warehouse, 3PL, transportation and mobile resource management solutions — announced Tuesday, Sept. 30, the acquisition of Prophesy Transportation Software, based in Bloomfield, Conn. Prophesy is a provider of software solutions designed to manage the many aspects of a growing trucking operation for both public and private fleets with integrated, comprehensive and easy-to-use features. Financial details were not disclosed.
Accellos says the acquisition further expands its capabilities as a leader in the trucking software market, and that it will continue to market and support the Prophesy product line, which eventually will be a key component of Accellos One Transport, a series of solutions designed to assist the transportation carrier, broker and shipper in maximizing the effectiveness of their transportation planning, execution and reporting. Accellos One Transport is part of the Accellos One supply chain suite.
“Prophesy was our primary target for strategic acquisition this year,” says Michael Cornell, chief executive officer of Colorado Springs, Colo.-based Accellos. “Accellos has experienced a great deal of success in the transportation market, and we knew it was time to broaden both our scale and product footprint. The acquisition of Prophesy is the latest realization of Accellos’ strategy of adding innovative customer-centric supply chain solutions with strong brands and industry reputations to our growing organization. We believe that our continued investment in research, development and support for Prophesy’s solutions as part of our current Accellos One Transport suite will further cement our reputation in delivering more innovation to our customers for less cost.”
“We are excited to join the Accellos family,” says Bill Ashburn, Prophesy vice president. “The expanded reach of our new company opens many doors for our customers, including broader product line, expanded customer service capabilities and a seasoned management team who are firmly rooted in, and devoted, to the transportation industry.”
With the addition of Prophesy, Accellos says it now has more than 160 employees and nearly 3,000 supply chain customers. “We see an enormous opportunity with Prophesy,” says Joel Kremke, Accellos chief operating officer. “Prophesy has stood for quality, stability and affordability in the trucking software industry for over 20 years. Their solutions are a perfect match for Accellos One Transport since we both targeted different segments of the transportation market. Our combined customer base will now be able to take advantage of solutions from both companies in a single easy-to-implement suite of solutions.”
Ashburn says Prophesy customers can expect improved service and further expansion of the Prophesy Series software. “Accellos allows us to tap a much larger infrastructure, while continuing to draw on the talented team who built Prophesy into a one of the most recognized brands in transportation software,” he says. “We are continuing to build upon what our team has always done best — premier solutions for the trucking and logistics industry. Our driving focus remains unchanged.”