Blog Type: Press Release

The Food Logistics Rock Stars Award recognizes influential individuals in the industry whose achievements, hard work, and vision have shaped the global cold food supply chain. 

Atlanta, GA – February 10, 2025 – Logility, a leader in AI-first supply chain management software, announced today that Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain, named Allan Dow, President and CEO as one of the winners of this year’s Rock Stars of the Supply Chain award. This award recognizes influential individuals in the industry whose achievements, hard work, and vision have shaped the global cold food supply chain. This recognition is for the Leaders in Excellence category.

“From cargo fraud and Mother Nature to ever-changing food safety regulations and a new Presidential Administration that could bring an increase in tariffs, cost of goods, and more, many of today’s supply chain leaders are faced with a number of challenges. But it’s their resilience, hard work, innovation, and attention to quality that separates these rock stars  from everyone else. Every year, this award puts a spotlight on the best of the best in the cold chain industry,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive.

Dow, a repeat Rockstar award recipient, is focused on helping enterprises navigate the unprecedented rates of change and disruption across their operations with a focus on digital transformation in supply chain management utilizing an AI-first approach.

“Workforce challenges, unpredictable markets, data volume, silos, and the complexity of supply chain analysis underscore the urgent need for transformative use of artificial intelligence. I am humbled to lead a team dedicated to making the lives of our clients and those they serve better through advanced AI-first solutions, including generative AI.” says Allan Dow, President and CEO of Logility.

Allan Dow, President & CEO, Logility

Under Dow’s leadership, Logility recognizes that generic generative AI solutions are not well-suited for supply chain analyses because they lack the deep understanding of complex supply chain connections and data sources necessary for tailored insights that drive operational excellence and strategic foresight. Significant energy has been invested into building an embedded supply chain ontology (a means of mapping concepts and the relations between them) into Logility’s Expert Advisor to overcome this nuance challenge. Developing a key set of understandings within the Logility solution focused on how supply chain data interrelate with one another allows for more efficacy and avoids hallucinations that can happen in a more generic generative AI solution.

Recipients of this year’s award will be profiled in Food Logistics’ Jan/Feb 2025 print issue and at https://www.FoodLogistics.com.

Go to https://foodl.me/g04uxp22 to view the full list of winners. Go to https://www.foodlogistics.com/awards to learn more about other Food Logistics’ awards.

 About Food Logistics

Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries, including executives in the food sector (growers, producers, manufacturers, wholesalers and grocers) and the logistics section (transportation, warehousing, distribution, software and technology) who share a mutual interest in the operations and business aspects of the global cold food supply chain. Food Logistics also operates SCN Summit and Women in Supply Chain Forum. Go to www.FoodLogistics.com to learn more.

About IRONMARKETS 

IRONMARKETS, formerly known as AC Business Media, is a leading business-to-business media and buyer engagement platform with a portfolio of renowned brands in heavy construction, asphalt, concrete, paving, rental, sustainability, landscape, manufacturing, logistics, and supply chain markets. IRONMARKETS delivers relevant, cutting-edge content to its audiences through its industry-leading digital properties, trade shows, conferences, videos, magazines, webinars, and newsletters. It also provides advertisers the analytics, data, and ability to reach their target audience. Learn more at https://www.iron.markets.

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 500 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Contact:
Press@Logility.com

Aptean to acquire all outstanding shares of Logility for $14.30 per share in cash

ALPHARETTA, GEORGIA; ATLANTA, GEORGIA; JANUARY 24, 2025 – Today, Aptean, a global provider of mission-critical enterprise software solutions backed by TA Associates (“TA”), Insight Partners, Charlesbank Capital Partners (“Charlesbank”), and Clearlake Capital Group, L.P. (“Clearlake”), announced that it has entered into a definitive agreement to acquire Logility Supply Chain Solutions, Inc. (Nasdaq: LGTY) (“Logility” or the “Company”), a leader in AI-first supply chain management software.

Under the terms of the agreement, Aptean will acquire all of Logility’s outstanding common stock for $14.30 per share in an all-cash transaction. The per share purchase price represents a 27.0% premium to the January 23, 2025 Logility closing share price and a 28.4% premium to the 30-day volume-weighted average share price as of that date.  In addition, the per share purchase price represents a 30.1% premium to the unaffected Logility closing share price on Friday, December 6, 2024, prior to 2717 Partners’ public letter on December 9, 2024, calling for Logility to review strategic alternatives, and a 34.1% premium to the 30-day volume-weighted average share price as of that date.

Headquartered in Atlanta, Georgia, Logility provides AI-powered, advanced supply chain planning solutions designed to optimize inventory, improve demand forecasting, and streamline production planning. Logility delivers a comprehensive suite of solutions including demand planning, inventory and supply optimization, manufacturing operations, network design, and vendor and sourcing management. Logility’s solutions are used by over 500 clients in more than 80 countries, spanning the consumer durable goods, apparel/accessories, food and beverage, industrial manufacturing, fast moving consumer goods, wholesale distribution, and chemicals verticals.

“Logility possesses years of experience helping global organizations design, build, and manage their supply chains” said Aptean’s CEO, TVN Reddy. “The Logility platform delivers a mission-critical suite of AI-powered supply chain planning solutions designed to address even the most complex requirements. We look forward to welcoming Logility’s loyal customers and experienced team to Aptean.”

“Since TA’s initial investment in 2019, Aptean has continued to be a leader in innovation for its manufacturing and supply chain clients around the globe. We believe that integrating their complementary solution suites will enable Aptean and Logility to further innovate and enhance their offerings, strengthening their shared commitment to driving client success. We are excited to see the potential this partnership can unlock,” said Hythem T. El-Nazer, Co-Managing Partner at TA.

“We are pleased to announce this transaction with Aptean, which will deliver significant and immediate value to our shareholders,” said James B. Miller, Jr., Chairman of Logility’s Board of Directors. “Our Board has consistently evaluated the Company’s standalone plan against other strategic opportunities. With the assistance of our financial and legal advisors, the Board conducted a thorough and fulsome auction process commencing late in the summer of 2024. As a result of this process, we unanimously determined that a sale to Aptean represented the best way to maximize shareholder value while also ensuring the Company remains well-positioned to continue providing innovative and leading solutions to clients.”

“Aptean’s acquisition of Logility represents a new and exciting chapter for our Company,” said Allan Dow, President & CEO of Logility. “Logility’s mission is to help organizations build sustainable, profitable supply chains that improve people’s lives and the world we live in. We look forward to continuing to provide AI‑first solutions to our strong client base alongside Aptean, which has an impressive track record of helping manufacturers and distributors thrive. We believe this transaction is a great outcome for our clients, Company and shareholders and will help Logility achieve its long-term potential.”

Strategic and Financial Benefits

  • Enhanced Focus: By becoming part of Aptean, a privately held company with strong investor backing, Logility will be able to better focus on its long-term strategy without the additional considerations and costs required of a public company.
  • Access to Resources: Aptean will provide Logility access to resources that can help accelerate growth and drive strategy execution.
  • Enhanced Combined Offerings: Both organizations offer complementary leading-quality solution suites with a proven track record of making clients successful. Working alongside each other, the integration of Logility’s and Aptean’s complementary technologies will result in enhanced combined offerings for clients.
  • Shareholder and Client Value: The definitive agreement reflects Logility’s commitment to maximizing shareholder value and provides a foundation for Logility to continue making its clients more successful in the future.

Transaction Details

The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions, including approval of the transaction by Logility’s shareholders and receipt of regulatory approvals. The Logility Board of Directors unanimously approved the definitive agreement and recommends that Logility’s shareholders vote in favor of the transaction. The transaction is not subject to a financing condition.

Upon completion of the transaction, Logility will become part of a privately held company, and its shares of common stock will no longer be listed on The Nasdaq Global Select Market or any other public market.

Advisors

Lazard is serving as financial advisor to Logility, and Jones Day is serving as legal counsel.

Orrick is serving as legal counsel to Aptean.

About Logility

Logility is a leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 500 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at www.logility.com.

About Aptean

Aptean is a global provider of industry-specific software that helps manufacturers and distributors effectively run and grow their businesses. Aptean’s solutions and services help businesses of all sizes to be Ready for What’s Next, Now®. Aptean is headquartered in Alpharetta, Georgia and has offices in North America, Europe and Asia-Pacific. To learn more about Aptean and the markets we serve, visit www.aptean.com.

Aptean and Ready for What’s Next, Now are Registered Trademarks of Aptean, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

About TA Associates

TA Associates (“TA”) is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and business services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has over 160 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong.

About Insight Partners

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of September 30, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

About Charlesbank Capital Partners

Based in Boston and New York, Charlesbank Capital Partners is a middle-market private investment firm with approximately $19 billion of assets under management as of 9/30/24. Charlesbank focuses on management-led buyouts, growth capital financings, opportunistic credit, and technology investments. The firm seeks to invest in companies with sustainable competitive advantage and excellent prospects for growth. For more information, please visit www.charlesbank.com.

About Clearlake

Founded in 2006, Clearlake is an investment firm operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are technology, industrials, and consumer. Clearlake currently has over $85 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, Dublin, Ireland, Singapore, and Abu Dhabi, UAE. Learn more at www.clearlake.com.

Forward-Looking Statements

Statements in this news release that are not historical facts are “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. Such statements are based on management’s expectations as of the date they are made and are not guarantees of future results. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as “anticipate,” “believe,” “continue,” “could,” “expect,” “may,” “should,” “intend,” “seek,” “estimate,” “plan,” “target,” “project,” “likely,” “will,” “future” or other similar words or phrases. These risks and uncertainties include, but are not limited to, factors such as: (i) the ability to obtain regulatory approval and meet other closing conditions to the proposed transaction, including obtaining approval of Logility’s shareholders, on the expected timeframe or at all; (ii) potential adverse reactions or changes to business relationships, operating results, financial results and the business generally resulting from the announcement, pendency or inability to complete the proposed transaction on the expected timeframe or at all; (iii) actual or threatened litigation relating to the proposed transaction or otherwise; (iv) the inability to retain key personnel, management or clients, or potential diminished productivity due to the impact of the proposed transaction on the Company’s current and prospective employees, key management, clients and other business partners; (v) risks related to diverting management’s attention from the Company’s ongoing business operations; (vi) unexpected delays, costs, charges, fees or expenses resulting from the proposed transaction or the assumption of undisclosed liabilities related thereto; (vii) the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the proposed transaction, including in circumstances requiring the Company to pay a termination fee; (viii) the risk that the price of the Company’s common stock may fluctuate during the pendency of the proposed transaction and may decline significantly if the proposed transaction is not completed; (ix) the ability to successfully integrate operations and employees and to realize anticipated benefits and synergies of the proposed transaction as rapidly or to the extent anticipated; (x) actions by competitors; (xi) general adverse economic, political, social and security conditions in the regions in which Logility and Aptean operate; and (xii) the other risks and uncertainties discussed under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and in other documents that the Company subsequently files from time to time with the SEC. Statements in this news release that are “forward-looking” include, without limitation, statements about Aptean’s proposed transaction to acquire Logility (including the anticipated benefits, synergies, opportunities, results, effects and timing of the proposed transaction). You are cautioned not to place undue reliance on these forward‑looking statements, which speak only as of the date of this news release. Except as required by law, the Company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances after the date of this news release.

Additional Information and Where to Find It

This communication may be deemed to be solicitation material in respect of the proposed transaction between the Company and Aptean. The Company expects to announce a special meeting of shareholders as soon as practicable to obtain shareholder approval of the transaction. In connection with the transaction, the Company intends to file relevant materials with the SEC, including a proxy statement in preliminary and definitive form. INVESTORS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED OR FURNISHED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE PROPOSED TRANSACTION. Investors may obtain a free copy of these materials (when they are available) and other documents filed or furnished by the Company with the SEC at the SEC’s website at www.sec.gov, at the Company’s website at www.logility.com or by sending a written request to the Company in care of the Secretary, at Logility Supply Chain Solutions, Inc., 470 East Paces Ferry Road, N.E., Atlanta, Georgia 30305. This news release is not a substitute for the definitive proxy statement or any other document that may be filed or furnished by the Company with the SEC.

Participants in the Merger Solicitation

The Company and certain of its directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the special meeting of shareholders. Information regarding the Company’s directors and executive officers is available in the Company’s proxy statement filed with the SEC on July 8, 2024 in connection with its 2024 annual meeting of shareholders, under the sections titled “Proposal 1: Election of Directors,” “Executive Compensation,” “Fiscal 2024 Executive Compensation,” “Director Compensation” and “Security Ownership of Management and Certain Beneficial Owners and Management.” To the extent the security holdings of Logility’s directors and executive officers have changed since the amounts described in the Company’s 2024 proxy statement, such changes have been reflected in Initial Statements of Beneficial Ownership on Form 3 or Statements of Changes in Beneficial Ownership on Form 4 filed with the SEC. Additional information regarding persons who may be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the definitive proxy statement related to the proposed transaction and other relevant materials to be filed or furnished with the SEC when they become available.

###

For Media Inquiries Please Contact:

Press@logility.com

MediaRelations@aptean.com

Atlanta, GA – January 23, 2025 – Logility, a leader in AI-first supply chain management software, is charting new territory for 2025 with AI-driven solutions designed to reshape supply chain operations. Building on the momentum of a landmark 2024, the company is introducing tools like Intelligent Order Response and Continuous Network Optimization to empower organizations with unmatched agility, precision, and scalability.

“At Logility, we are proud to partner with some of the world’s largest and most innovative organizations,” said Allan Dow, President and CEO of Logility. “We are committed to transforming the way supply chains operate. By leveraging AI and innovation, we empower our clients to navigate complexity, improve decision-making, and drive meaningful business outcomes in an ever-changing global landscape.”

2024: A Year of Impact and Innovation

Logility is redefining supply chain operations by addressing long-standing industry challenges with bold, forward-thinking strategies that have received industry recognition from analysts, industry leaders, and clients alike.

Industry Recognition:

  • Positioned as a Leader in the 2024 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions, reflecting Logility’s comprehensive vision and execution capabilities. According to the report: “Logility has an above-average vision for AI as well as speed and scalability compared to other vendors in this Magic Quadrant, supporting graph technologies, GenAI and other AI/ML techniques.”
  • Additionally, a 94% willingness-to-recommend rating in the 2024 Gartner Peer Insights™ report highlights the company’s strong customer satisfaction.
  • Logility was cited as a Leader in several 2024 IDC MarketScape Reports for Worldwide Supply Chain Planning including the Discrete, Distribution, and Spare Parts industries.

New Innovations:

  • The introduction of Logility Expert Advisor (LEA) generative AI software, added AI-powered insights to support faster and smarter decision-making.
  • The new Decision Command Center offers a holistic approach to supply chain processes, leveraging data and intelligence to enhance decision-making and drive value across the entire supply chain ecosystem.
  • Dynamic Inventory modeling was developed to solve for the optimal network configuration while accounting for inventory related costs and storage capacity constraints.

2024 Virtual Summit

Logility hosted a virtual summit in 2024, an event that brought together more than 700 attendees to discuss the industry’s most pressing challenges and exciting opportunities.  Key sessions highlighted use cases for GenAI, success stories in demand planning, inventory optimization, and supply chain resilience, Logility’s product vision, and more, providing actionable insights for attendees across various industries.

Global Industry Leaders Harness Logility Solutions

Reynolds Consumer Products, showcased significant inventory cost reductions and improved forecast accuracy through Logility’s solutions at the Gartner Supply Chain Symposium. Similar success was echoed by Great Lakes Cheese and DENSO, highlighting Logility’s ability to drive efficiency and resilience at scale during the 2024 Gartner Supply Chain Planning Summits.

Davis Shumaker, Senior Manager of Supply Chain Planning for Great Lakes Cheese, an award-winning premier cheese producer and packager, shared how they revolutionized their supply chain by replacing spreadsheets with a faster, more integrated planning process built on end-to-end supply chain solutions. Great Lakes Cheese is able to leverage detailed weekly forecasting, flexible inventory segmentation, automated supply planning, and streamlined S&OP to swiftly respond to market changes.

Similarly, DENSO, the second-largest auto parts manufacturer globally, uses Logility’s AI-driven software to enhance production planning and supply chain synchronization. “The ability to simulate scenarios and optimize supply chain decisions with Logility’s technology has significantly improved our operational agility,” said Marco Turk, Demand, Inventory & Supply Planning Manager, DENSO. “We’re better positioned to navigate challenges and capitalize on opportunities in real time.”

Innovations in 2025

Logility is set to expand its suite of AI-first software in 2025 with innovations that address long-standing supply chain challenges:

  • Intelligent Order Response: A tool is designed to automate and optimize order fulfillment, bridging demand-supply imbalances with precision.
  • Continuous Network Optimization: AI-powered recommendations for real-time supply chain network adjustments, improving operational agility.

“Our 2025 innovations are designed to continue solving long-standing challenges with cutting-edge AI capabilities, empowering clients to build supply chains of the future,” said Dow.

Logility Vision25 Executive Forum

Logility is excited to announce the Logility Vision25 Executive Forum on March 6, 2025. This exclusive event is designed for senior supply chain executives to connect, learn, and innovate. This event features international keynote speakers, blueprint boardrooms, and virtual networking around Growth in 2025, Digital Transformation, Resilience in Supply Chain Operations, and Sustainability and Ethical Sourcing.

For more information about Logility’s software applications and upcoming innovations, visit www.logility.com.

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 500 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Forward Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, Logility Supply Chain Solutions, Inc., (626) 657-0013 or email kliu@amsoftware.com.

Contact:
Press@Logility.com

ATLANTA, GA – January 21, 2025 – Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY) has determined that certain 2024 distributions are considered to be return of capital (non-dividend) distributions.

This tax treatment will affect shareholders’ tax basis in their shares. To assist investors with tax reporting, Form 8937, Report of Organizational Actions Affecting Basis of Securities has been posted on the Investor section of the Company’s website under “Investor Relations.”

Shareholders should consult their tax advisors to determine how this change may affect their 2024 taxes.

About Logility Supply Chain Solutions, Inc.

Atlanta-based Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY), through its operating entity Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the company is headquartered in Atlanta, GA. You can learn more about Logility Supply Chain Solutions at www.logility.com, or by calling (404) 364-7615 or emailing Press@Logility.com.

Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

LOGILITY SUPPLY CHAIN SOULTIONS, INC.
FORM 8937
ATTACHMENT 1
WITH RESPECT TO RETURN OF CAPITAL DISTRIBUTIONS

Part II, Box 14

Logility Supply Chain Solutions, Inc. declared and paid cash dividends to shareholders of record on the dates shown below. Each of these dividends constituted a return of capital for U.S. Federal Income Tax purposes.

Nondividend distributions made to holders of Logility Supply Chain Solutions, Inc. Common Stock (Ticker Symbol: LGTY, CUSIP:029683109) were as follows:

Part II, Box 15

Each shareholder that received a dividend with respect to a share held on the Record Date must reduce its tax basis in that share by the percentage reflected of the amount of the dividend recorded that was a return of capital. To the extent that the dividends received exceed a shareholder’s tax basis in the share, the excess will constitute a taxable gain. Shareholders should consult their tax advisors with respect to the U.S. Federal Income Tax treatment of any such gain as the tax treatment of the gain will depend on the shareholder’s individual tax circumstances.

Part II, Box 16

Please see Part II, Box 15 above for a general description of a shareholder’s change in basis calculation. The amount of the basis reduction described will be measured by the amount of cash distributions received.

Part II, Box 17

Tax consequences are determined under Sections 301(c) and 1001 of the Code.

Part II, Box 18

No tax loss will arise from the receipt of these cash distributions.

Part II, Box 19

Adjustments to the tax basis of stock (and of any taxable gain) resulting from these cash distributions are reportable in the tax period in which each distribution was received. For calendar year taxpayers, the reportable tax year for the aggregate distributions received is 2024.

Individual tax consequences may vary. Shareholders are urged to consult their own tax advisors. The information contained herein does not constitute tax advice. It is not intended or written to be used, and cannot be used, for the purpose of avoiding tax penalties.

Contact:

Vince C. Klinges
Chief Financial Officer
Logility Supply Chain Solutions, Inc
(404) 264-5477

Partnership designed to elevate manufacturing and minerals sectors.  

Atlanta, GA – January 15, 2025 – Logility, a leader in AI-first supply chain planning software, and Proudfoot Consulting, a global leader in operational excellence, have joined forces in a strategic partnership. This powerful alliance is designed to usher in a new era of efficiency, productivity, and sustainability for supply chain leaders.

“As we embark on this strategic partnership with Logility, we are excited to combine our operational excellence with their AI-first supply chain planning technology. This collaboration marks a significant step towards delivering unparalleled efficiency, productivity, and sustainability for our clients. Together, we are poised to drive innovation and set new standards in the industry, “ said Neil O’Brien, Chairman & CEO, Proudfoot.

Unlocking Supply Chain Value

The synergy between Logility’s AI-first Decision Intelligence technology and Proudfoot’s time-tested operational methodologies offers a unique value proposition for businesses in the manufacturing and minerals sectors. This collaboration is poised to deliver:

Enhanced Efficiency: By leveraging AI-driven insights and advanced analytics, companies are positioned to  achieve streamlined operations and optimized supply chains, resulting in reduced waste and maximized throughput.

Unparalleled Productivity: The integration of world-class technology with the Proudfoot system can enable continuous improvement and the sustainment of best practices, propelling businesses to new heights of productivity and performance.

Strategic Sustainability: Innovative technologies support eco-friendly practices, aligning operations with strategic goals and helping to ensure long-term environmental and economic sustainability, thus driving growth and competitive advantage.

Allan Dow, President & CEO of Logility expressed, “We are excited to partner with Proudfoot Consulting to bring transformative solutions to the manufacturing and minerals sectors. By combining our AI-first Decision Intelligence technology with Proudfoot’s operational expertise, we can help businesses achieve unprecedented levels of efficiency, productivity, and sustainability. This collaboration represents a significant step forward in driving innovation and excellence across these critical industries.”

To learn more about the Logility Decision Intelligence Platform, visit www.logility.com/solutions

About Proudfoot Consulting

Proudfoot Consulting is a global operational consulting firm renowned for delivering measurable improvements in performance and productivity. Proudfoot’s unique approach combines hands-on implementation with a focus on sustainable change, helping organizations achieve lasting results. Learn more at www.proudfoot.com.

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Contact:
Press@Logility.com

India’s first-ever supply chain technology solution ranking unveiled at India Supply Chain Tech Senate 2024.

Atlanta, GA – January 13, 2025 – Logility, a leader in AI-first supply chain planning software was named a Tech Supply Champion for Business Planning Solutions at the 2024 India Supply Chain Tech Senate on December 17, 2024. This prestigious recognition highlights Logility’s transformative Decision Intelligence Platform, which offers comprehensive functionality in demand sensing, inventory optimization, and supply chain design.

The Institute of Supply Chain & Management (ISCM) [MG1] has launched India’s first supply chain tech solution ranking, focusing on the Indian market. As India grows, the demand for supply chain solutions will increase. The ISCM Tech Ranking aims to be a tool to boost tech intensity and digital maturity, making firms more resilient and enhancing supply chain transformation and governance for a competitive edge.

According to the solutions ranking details from ISCM, Logility was included in the inaugural ranking because their solution offers:

  • a technology stack powered by AI/ML and hosted on Microsoft Azure
  • integrated ensemble modeling and generative AI to deliver real time insights and automation
  • intuitive design thinking and concierge-based workflows
  • agile implementation and support to provide value delivery in 3-4 week sprints
  • environmental sustainability capabilities through traceability and compliance tools

As referenced on the ranking certificate, “Logility sets the standard for supply chain innovation and efficiency.”

To learn more about the Logility Decision Intelligence Platform visit: www.logility.com/solutions

To learn more about ISCM visit: https://indiasclsenateblr.com/

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully  integrated[MG2] , end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 500 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Forward Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, Logility Supply Chain Solutions, Inc., (626) 657-0013 or email kliu@amsoftware.com.

Contact:
Press@Logility.com

Reports for Overall, Process Manufacturing, Discrete, Distribution, Life Sciences, and Spare Parts/MRO Industries announced.  

Atlanta, GA – December 23, 2024 – Logility, a leader in AI-first supply chain planning software, is positioned in the Leaders category for several of the IDC MarketScape 2024 vendor assessments: IDC MarketScape: Worldwide Supply Chain Planning Overall1, IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries2, IDC MarketScape: Worldwide Supply Chain Planning for Discrete Industries3, IDC MarketScape: Worldwide Supply Chain Planning for Distribution Industries4.

Logility was also named as a Major Player in the IDC MarketScape: Worldwide Supply Chain Planning for Process Manufacturing5 and IDC MarketScape: Worldwide Supply Chain Planning for Life Sciences6.

“At Logility, we deliver innovative AI-first supply chain management solutions that empower industry leaders to optimize their supply chains with accuracy and flexibility,” said Allan Dow, President and CEO of Logility. “We hold the view that our continued leadership position in multiple IDC MarketScape reports is a testament to our strong track record of helping clients manage complicated sets of data, forecasts, and optimization goals.”

Each IDC MarketScape study assesses the capabilities and business strategies of key vendors with broad competencies in each category. This evaluation is based on a comprehensive framework and set of parameters expected to be conducive to success in providing organizations with insight into each respective area. 

Explore the full IDC MarketScape reports at www.idc.com/research/new and Logility’s leadership position in other analyst reviews at https://www.logility.com/resources/?filter=Analyst_Report.  

Source: 1. IDC MarketScape: Worldwide Supply Chain Planning Overall (doc #US52694624, November 2024), 2. IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries (doc #US51541424, December 2024), 3. IDC MarketScape: Worldwide Supply Chain Planning for Discrete Industries (doc #US51272724, October 2024), 4. IDC MarketScape: Worldwide Supply Chain Planning for Distribution Industries (doc #US51272924, October 2024), 5. IDC MarketScape: Worldwide Supply Chain Planning for Process Manufacturing (doc#US51273023, October 2024), 6. IDC MarketScape: Worldwide Supply Chain Planning for Life Sciences (doc #US51047123, November 2024.)

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 5-0 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Forward Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, Logility Supply Chain Solutions, Inc., (626) 657-0013 or email kliu@amsoftware.com.

Contact:
Press@Logility.com

Atlanta, Georgia, December 12, 2024 – Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY) has issued a statement in response to recent market rumors and media reports. In accordance with its standing policy, Logility has no comment to make concerning any market rumors or speculation.

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The Company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the Company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Forward Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC.

Investor Contact:

Kevin Liu
kliu@amsoftware.com
(626) 424-1535

Atlanta, Georgia, December 10, 2024 – Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY) (“Logility” or the “Company”) issued the following statement in response to a letter to the Company’s Board of Directors sent by 2717 Partners, LP on December 9, 2024:

Logility acknowledges and values the perspectives of its shareholders and is focused on executing its business strategy and providing industry leading service in supply chain planning. Our Board of Directors and management regularly analyze the business and strategy to ensure the Company pursues the best path forward to enhance shareholder value.

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The Company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the Company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Forward Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC.

Investor Contact:
Kevin Liu
kliu@amsoftware.com
(626) 424-1535

Source:  Logility Supply Chain Solutions, Inc.

Logility Expert Advisor enhances productivity, democratizes access to information, and provides actionable insights.

Atlanta, GA – December 9, 2024 – Logility, a leader in AI-first supply chain management software, today announced they were named a recipient of the 2024 Top Software & Tech Award for Logility Expert Advisor, a generative AI application. The award from Food Logistics and Supply & Demand Chain Executive recognizes new-to-market software and technology solutions designed to provide automation, efficiency, and visibility to the supply chain space.

“Winning the Top Software and Tech Award for Logility Expert Advisor (LEA) highlights our commitment to innovation and excellence in the supply chain industry. This recognition showcases LEA’s transformative impact on workforce productivity, supply chain visibility, , and resilience . We are proud to offer a solution that enhances efficiency and democratizes access to vital information, empowering informed and accelerated decision-making,” said Allan Dow, President and COO of Logility.

Unlike generic AI, Logility Expert Advisor (LEA) is tailored for supply chains and designed to enhance productivity with real-time navigation and training tools for new hires. It democratizes access to information, simplifying complex inquiries through natural language processing and a supply chain ontology. This approach helps ensure accurate data retrieval and actionable insights, boosting confidence in results. LEA also aids non-supply chain roles, improving decision-making across organizations and  helping them build competitive advantage.

“Automation, sustainability, smart technology, supply chain optimization, and risk management were the major themes of this year’s new software and technology solutions. These new products and enhancements are upping the ante in modernizing how product moves through the chain, and I appreciate everything this year’s winners do to ensure the safety, security, and sustainability of our supply chains,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive.

Go to https://foodl.me/kmr2r068 to view the full list of winners.

Seeing is Believing – check out how Logility Expert Advisor works!

Learn more

About Food Logistics and Supply & Demand Chain Executive

Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries, including executives in the food sector (growers, producers, manufacturers, wholesalers and grocers) and the logistics section (transportation, warehousing, distribution, software and technology) who share a mutual interest in the operations and business aspects of the global cold food supply chain. Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum. Go to www.FoodLogistics.com and www.SDCExec.

 About IRONMARKETS 

IRONMARKETS, formerly known as AC Business Media, is a leading business-to-business media and buyer engagement platform with a portfolio of renowned brands in heavy construction, asphalt, concrete, paving, rental, sustainability, landscape, manufacturing, logistics, and supply chain markets. IRONMARKETS delivers relevant, cutting-edge content to its audiences through its industry-leading digital properties, trade shows, conferences, videos, magazines, webinars, and newsletters. It also provides advertisers the analytics, data, and ability to reach their target audience. Learn more at https://www.iron.markets.

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Contact:
Press@Logility.com