Descartes Systems Group Acquires Localz (assets)
April 20, 2023
Descartes Systems Group acquired the assets of Localz, a Melbourne-based provider of real-time vehicle tracking and customer engagement SaaS for final-mile deliveries, for approximately US$6.2 million paid from cash on hand. The acquisition adds customer scheduling, real-time tracking and click-and-collect capabilities to Descartes' final-mile delivery solutions to enhance the day-of-service customer experience.
- Buyers
- Descartes Systems Group
- Targets
- Localz
- Industry
- Logistics & Distribution
- Location
- Victoria, Australia
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Descartes Systems Group Acquires GroundCloud
February 14, 2023
Transportation
Descartes Systems Group acquired GroundCloud, a Minneapolis-based provider of final-mile carrier SaaS solutions that combine route execution, safety/compliance and video telematics. The deal involved approximately $138 million in up-front cash plus an earn-out of up to $80 million tied to revenue targets.
-
Descartes Systems Group Acquires Supply Vision
January 6, 2023
Logistics & Distribution
Descartes Systems Group has acquired Supply Vision, a Phoenix-based provider of shipment management solutions for North American Logistics Service Providers (LSPs). The deal was for approximately $12 million in cash up front plus up to $3 million in performance-based earn-outs, and is intended to expand Descartes' capabilities for LSP digitization and complement its existing portfolio of LSP solutions.
-
Descartes Systems Group Acquires Kontainers
June 11, 2020
Logistics & Distribution
Descartes Systems Group acquired Cracking Logistics Limited (dba Kontainers), a UK-based provider of client-facing digital freight execution platforms. The consideration is up to $12.0 million (US$6.0 million up-front plus up to US$6.0 million in performance-based earnouts). Descartes will integrate Kontainers' digital freight platform with its Global Logistics Network to expand customer-facing and API-enabled capabilities for logistics services providers.
-
Descartes Labs Acquires Operating Assets of Geosite
April 2, 2024
Data & Analytics
Descartes Labs acquired all operating assets of Geosite, a YC-backed SaaS provider of geospatial intelligence for property and casualty insurers. The deal brings Geosite's Ascend product and insurance-focused capabilities into Descartes Labs to accelerate growth and expand into the insurance risk management market.
-
Descartes Systems Group Acquires BestTransport
August 21, 2019
Transportation
Descartes Systems Group acquired BestTransport.com, Inc., a Columbus, Ohio–based cloud transportation management system (TMS) provider focused on flatbed-intensive manufacturers and distributors. The acquisition (approximately US$11.2 million, net of working capital) expands Descartes' transportation management footprint and adds BestTransport's flatbed-focused TMS capabilities to Descartes' Global Logistics Network.
-
GPS Trackit (Inverness Graham-backed) Acquires Zonar Systems from Continental
December 3, 2024
Transportation
GPS Trackit, the Inverness Graham-backed fleet telematics and video company, has acquired Zonar Systems from Continental. The deal (terms undisclosed) combines GPS Trackit's video telematics platform with Zonar's smart fleet management capabilities to deepen presence in government, education and commercial fleet markets and expand fleet safety, health and compliance offerings.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.