Ingka Investments (Ingka Group) Acquires Locus

Ingka Investments (Ingka Group) Acquires Made4net

June 5, 2023

Cloud & SaaS

Ingka Investments, the investment arm of Ingka Group (IKEA), has acquired cloud-based warehouse management and supply chain execution software provider Made4net from private equity owner Thompson Street Capital Partners. The acquisition will deploy Made4net's SCExpert platform across IKEA's global store and fulfillment network to modernize omnichannel fulfillment and strengthen IKEA's in-house supply chain capabilities.

Apica Acquires LOGIQ.AI

August 16, 2023

Cloud & SaaS

Apica has acquired observability data fabric startup LOGIQ.AI and will integrate its capabilities into the Apica Ascent platform. Apica also raised $10M from existing investors Industrifonden, SEB Foundation, and Oxx to support product development and expand observability and data management capabilities for enterprise customers.

Sogelink (Keensight-backed) Acquires LOCATIQS Group and Focus Software

April 26, 2022

Software

Sogelink, a Keensight Capital-backed construction technology group, has acquired LOCATIQS Group (Netherlands) and Focus Software (Norway) to build a pan‑European Construction Tech champion. The deals expand Sogelink's capabilities across GIS, field service management and BIM while accelerating geographic expansion in the Benelux, Germany, Switzerland, the UK and the Nordics.

Descartes Systems Group Acquires Localz (assets)

April 20, 2023

Logistics & Distribution

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.

Locus Robotics Acquires Waypoint Robotics

September 20, 2021

Manufacturing

Locus Robotics, a Wilmington, Massachusetts-based leader in autonomous mobile robots (AMRs) for fulfillment warehouses, has acquired Waypoint Robotics, a Nashua, New Hampshire developer and manufacturer of industrial-strength omnidirectional mobile robots. The acquisition expands Locus's product portfolio to address heavier-payload and new warehouse use cases, accelerating product development and opening new market opportunities in logistics and e-commerce fulfillment.

Tax Systems Acquires Loctax

October 3, 2025

Cloud & SaaS

Tax Systems, a Providence-backed global tax and accounting SaaS provider, has acquired Loctax, an AI-driven tax control centre founded in Belgium. The acquisition adds an AI-enabled tax control centre to Tax Systems' portfolio, accelerating its EMEA SaaS tax compliance strategy and expanding product capabilities across compliance, workflows and risk management.