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STRATEGIC  |  SUPPLY CHAIN/LOGISTICS · TMS & Freight
SEPTEMBER 17, 2026
Shippingbo (Main Capital Partners) acquires Baback
TARGET
Baback
White-label returns and post-purchase SaaS platform automating return requests, exchanges, store credit, carrier coordination, and shipment tracking for Shopify-native fashion and apparel e-commerce brands.
OwnershipFounder-owned
Headcount~10 FTEs
HeadquartersStrasbourg, France
Sell-side advisor
ACQUIRER
Shippingbo
E-commerce logistics software covering order orchestration, warehouse management, and transport management for online merchants
OwnershipPE-backed · Main Capital Partners
HeadquartersToulouse, France
Deal team
Jonas Kruip (Main Capital Partners)
Leadership
Marc Hericher, Co-Founder and CEO of Shippingbo
Buy-side advisor
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    MORE IN SUPPLY CHAIN/LOGISTICS
Aptean (TA Associates) acquires FleetGO (Main Capital Partners) Fleet & FuelSEP 18
FleetGO – transport management, fleet management, warehouse management and telematics compliance software for mid-sized fleet operators and logistics service providers across Benelux, DACH, France and the UK 
Solen Software Group acquires distrib-u-tec Food & Retail Supply ChainSEP 16
distrib-u-tec – Integrated ERP, WMS, and accounting software for North American food distributors, processors, and packers, covering order entry, inventory control, production, and traceability 
Main Capital Partners acquires Boxwise Warehouse & RoboticsSEP 15
Boxwise – warehouse management software for Dutch wholesalers, e-commerce companies, and hospitals, integrating with Exact Globe and AFAS Profit ERP systems 
VIP (Warburg Pincus) acquires Encompass Technologies (Cove Hill) Food & Retail Supply ChainSEP 15
Encompass Technologies – Cloud-native ERP, route accounting, CRM, and eCommerce software for beverage producers, distributors, and retailers across the three-tier supply chain 
Jaggaer (Vista) acquires Ivoflow Supply Chain PlanningSEP 14
Ivoflow – direct materials spend and price intelligence software that benchmarks component-level pricing against commodity indices, currency movements and external market data to help manufacturers identify savings and negotiate suppliers 
Shorooq and Emirates Growth Fund (Shorooq) invest in Fleet Management Systems International (FMSi) Fleet & FuelSEP 14
Fleet Management Systems International (FMSi) – SaaS fleet telematics platform offering in-vehicle monitoring, AI video telematics, fatigue detection, fuel control and journey management for enterprise fleets in energy, construction, logistics and transportation across the GCC 
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