TRAFiX Acquires Integrated Transaction Systems (ITS) in Canada

MercuryGate Acquires International Trade Systems (ITS)

November 14, 2023

Logistics & Distribution

MercuryGate International has acquired International Trade Systems (ITS), a SaaS provider of cross-border customs clearance and global trade management solutions, to integrate customs and trade compliance into its Smart Transportation TMS. The deal adds ITS's customers, technology and more than 40 subject-matter experts to MercuryGate's platform; financial terms were not disclosed.

Marlin Equity Partners Makes Growth Investment in TRAFiX

November 2, 2023

Software

Marlin Equity Partners completed a growth investment in TRAFiX, a New York–based provider of order and execution management software (OEMS) and FIX connectivity solutions for capital markets. The minority growth capital will support TRAFiX’s product development, global expansion and investments in people and talent; financial terms were not disclosed.

Titanium Transportation Acquires International Truckload Services Group (ITS)

February 5, 2021

Trucking & Fleet

Titanium Transportation Group Inc. acquired all shares of International Truckload Services Group (ITS) for approximately $60.5 million (cash and assumption of net debt), adding ITS' assets, footprint and customer base to Titanium's platform. ITS, founded in 1986 and based in Belleville, Ontario, generates about $80 million in annual revenue, operates ~330 power units and 1,600 trailers, and employs roughly 470 people; the deal expands Titanium's scale and geographic coverage across southern Ontario, Quebec and the United States.

Atlas Technical Consultants Acquires TranSmart Technologies, Inc.

March 11, 2022

Engineering Services

Atlas Technical Consultants has acquired TranSmart Technologies, Inc., a Chicago-headquartered transportation engineering and consulting firm. The deal, facilitated by sell-side advisor Woodbridge International, will expand Atlas’s ITS, traffic and transportation engineering capabilities and extend TranSmart’s services into larger projects and new U.S. markets.

IFS Acquires Axios Systems

March 22, 2021

Software

IFS has signed a definitive agreement to acquire Axios Systems PLC, a global provider of cloud-based Enterprise Service Management (ESM) software. The acquisition strengthens IFS's Service Management capabilities by adding Axios's ITSM and ITOM functionality to IFS Cloud, expanding its end-to-end service offering for enterprise and public-sector customers.

Supra ITS Acquires FlexITy's Managed IT and VOIP Services

April 10, 2023

IT Services

Supra ITS, a Canon Managed IT Partner based in Mississauga, Canada, has acquired FlexITy’s Managed IT and VOIP services business. The transaction transfers trained IT personnel, tools, processes and data-center resources to Supra ITS to support FlexITy’s customers and expand Supra’s managed services and unified communications capabilities.