Envase Acquires GeoStamp
May 25, 2022
Envase, a provider of mission-critical TMS software for the intermodal/drayage market, has acquired GeoStamp, a Huntington Beach-based developer of drayage-focused GPS tracking and location-analytics software. The acquisition integrates GeoStamp’s real-time truck tracking and analytics (processing ~1.8M pings/day for over 7,000 trucks) into Envase’s TMS to improve visibility, billing speed and operational performance for carriers, shippers and terminal operators.
- Buyers
- Envase
- Targets
- GeoStamp
- Industry
- Transportation
- Location
- California, United States
- Transaction Type
- Buyout
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