Logility Supply Chain Solutions, a software company based in Atlanta, Georgia, announced on Mar.7 that it has received an unsolicited offer to acquire all its outstanding shares for US$15 per share.

This proposal follows an earlier agreement from January, where private equity-backed Aptean proposed to purchase Logility at US$14.30 per share.

The company’s board continues to recommend that shareholders vote in favor of the Aptean deal, supported by investors such as TA Associates, Charlesbank, Insight Partners, and Clearlake.

Previously known as American Software, Logility provides software tools for inventory, manufacturing, and supply chain management.