E2Open Parent Holdings Inc Stock Price, News & Analysis

E2open Parent Holdings, Inc. (NYSE: ETWO) has amended and upsized its credit facility, securing an incremental term loan from Golub Capital. The proceeds will finance the initial payment for Logistyx Technologies, allowing E2open to cover the remaining payments with cash. The total credit facility now includes $1.1 billion in term loans and a $155 million revolving credit facility, maturing in February 2028 at an interest of LIBOR + 3.50%. This financing enables share repurchases and other corporate purposes, demonstrating E2open's proactive approach in a challenging credit environment.

E2open Parent Holdings (NYSE: ETWO) has been recognized as a Challenger in the 2022 Gartner Magic Quadrant for Transportation Management Systems, achieving the highest placement for Ability to Execute and Completeness of Vision. This recognition underscores E2open's robust platform for logistics management, enabling optimization for shippers across all modes. Recent investments, including acquisitions of BluJay and Logistyx, enhance E2open's capabilities in fleet management and e-commerce parcel shipping. The company aims to simplify logistics planning and execution in an increasingly complex supply chain environment.

E2open Parent Holdings, Inc. (NYSE: ETWO) has acquired Logistyx Technologies, a multi-carrier shipping software company, for $185 million. This acquisition enhances E2open’s cloud-based supply chain management platform by integrating Logistyx’s parcel management technology, thereby expanding E2open's global multi-carrier capabilities. CEO Michael Farlekas emphasized the growing demand for flexible e-commerce shipping solutions as a key driver for this acquisition. The combination aims to streamline operations for E2open's global enterprise customers.

E2open Parent Holdings has been recognized as a Leader in The Forrester Wave™: Channel Incentive Management, Q1 2022.

E2open achieved the highest scores in nine evaluation criteria, reflecting its strong presence in the channel incentives management market. The Forrester Wave report highlights E2open's capabilities in integrating early-stage supply chain data with late-stage market insights to enhance partner engagement and drive optimal revenue management.

Executive VP Pawan Joshi emphasizes the company's commitment to improving supply chain connectivity and efficiency through innovative incentives solutions.

E2open Parent Holdings (NYSE: ETWO) announces the retirement of CFO Jarett Janik, who has served since April 2018. Janik will remain until a successor is found, facilitating a smooth transition. CEO Michael Farlekas highlighted Janik's vital role during a transformative period that included significant acquisitions and the company's public listing in February 2021. Janik expressed gratitude for his experience and plans to focus on philanthropic efforts and family time post-retirement.

E2open Parent Holdings, Inc. (NYSE: ETWO) has announced that it will release its fiscal fourth quarter and full year 2022 financial results on April 27, 2022, after U.S. market close. A video webinar will follow at 5:00 p.m. Eastern Time to discuss these results and other key business highlights. Investors can access the webinar on the company’s investor relations page. E2open specializes in cloud-based, end-to-end supply chain management, utilizing AI and machine learning to help businesses respond to real-time supply chain demands.

E2open Parent Holdings (NYSE: ETWO) has been recognized as a leader in the Supply Chain Planning Technology Value Matrix 2022 by Nucleus Research for the third consecutive year. The report highlights E2open's robust functionality in supply chain planning, addressing global disruptions such as supply and labor shortages. New capabilities introduced include predictive supply sensing analytics, enhanced business planning views, scenario simulations, and improved forecasting algorithms. These innovations aim to enhance resilience and decision-making in supply chains, crucial for navigating current market challenges.

E2open Parent Holdings, Inc. (NYSE: ETWO) has established a new E2open Advisory Board to enhance its strategic direction in supply chain management. This board comprises six industry leaders, with three members scheduled to speak at the upcoming CONNECT 2022 client conference. The board will assist in areas such as business development, enterprise sales, and growth strategies. CEO Michael Farlekas emphasized the importance of having experts who understand the evolving supply chain landscape to drive the company's expansion.