Janney Montgomery Scott LLC is pleased to announce that it has served as the exclusive financial advisor to Globe Tracker ApS, a provider of IoT based end-to-end supply chain visibility and monitoring of cargo, on securing growth equity financing led by current investors. As Globe Tracker emerged from its early stages and began ramping up production, it sought growth capital to deliver on key contracts and to capitalize on market momentum. This round of financing allows Globe Tracker to scale the business and meet rapidly growing customer demand. An institutionally-led follow-on offering is expected in early 2021.
Fox Rothschild LLP served as legal advisor to Globe Tracker.
About Globe Tracker
Janney's Business Services Investment Banking Team provides a wide range of investment banking, financial advisory and restructuring services to meet the needs of our clients. The team has a culture of unparalleled work ethic and impact, with 60+ transactions completed since 2009 with an aggregate deal value in excess of $1 billion. Averaging more than 20 years of experience each, our senior leadership possesses deep strategic and private equity relationships and is highly involved in the day-to-day delivery of client services.
About Janney
Janney Montgomery Scott LLC is a leading full-service investment banking and financial services firm serving individual, corporate, institutional, and government clients. Janney is an independently operated subsidiary of The Penn Mutual Life Insurance Company, one of the 15 largest mutual insurance companies in the nation, and is a member of the New York Stock Exchange, Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.
About Janney's Business Services Investment Banking Team
Janney's Business Services Investment Banking Team provides a wide range of investment banking, financial advisory and restructuring services to meet the needs of our clients. The team has a culture of unparalleled work ethic and impact, with 60+ transactions completed since 2009 with an aggregate deal value in excess of $1 billion. Averaging more than 20 years of experience each, our senior leadership possesses deep strategic and private equity relationships and is highly involved in the day-to-day delivery of client services.
