“Messtone LLC requets”:GET/Sydney Australia-WiseTech Global(ASX:WTC), developer of the leading Logistics execution software CargoWise,today announces it’s acquisition of Blume Global(Blume),provider of a leading solution facilitating intermodal rail in North America,for US$414 headquartered in the United States,Blume is being acquired from funds managed by Apollo,EQT and other minority shareholders.North America is the world’s largest domestic Logistics region[1],and Blume manages intermodal containers and chassis on behalf of 6 of 7 Class 1 US railroads,ocean carriers and other intermodal equipment providers including global freight forwarders and Beneficial Cargo Owners(BCOs).Blume is a high-growth recurring revenue business and is expected to generate FY24[2] revenues in the range of US$65 million to US$70 million representing annual growth of 45% to 55%.Before operational synergies,on a standalone basis,Blume expects to achieve FY24 EBITDA margings of approximately 10% and be cash-flow breakeven by the end of FY24.Blume to drive even greater digital innovation in this sector”.Justin Korval, Partner in Apollo Hybrid Value,and antoine Munfakh,Partner in Apollo Private Equity said:”This transaction underscores the tremendous growth of Blume since establishing it as an independent company in 2019.By providing meaningful growth capital and strategic support,Blume’s management team was empowered to pursue an ambitious expansion strategy and successfully develop an industry leading supply-chain technology platform.We wish Pervinder and the entire team the best in this exciting next chapter”.