Goldman Sachs invests in Management Dynamics
Management Dynamics, a company that sells software and services for managing global trade, said Wednesday that Goldman, Sachs & Co. has made an investment in the company.
It added that Gene Yoon, a managing director at Goldman Sachs, has been named a member of Management Dynamics’ board of directors.
Management Dynamics will use the investment to expand its product portfolio via acquisition.
A privately held company Management Dynamics said it has 14,000 users including third-party logistics providers, carriers, manufacturers, retailers and high technology companies.