Descartes Systems Group Acquires Kontainers
June 11, 2020
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.
- Buyers
- Descartes Systems Group
- Targets
- Kontainers (Cracking Logistics Limited)
- Industry
- Logistics & Distribution
- Location
- Wiltshire, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
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.
-
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.
-
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 Oz Development, Inc.
November 25, 2015
Cloud & SaaS
Descartes Systems Group acquired Oz Development, Inc., a U.S.-based provider of application integration solutions for SMBs, to strengthen its e‑commerce fulfilment and supply chain automation capabilities. The deal (approximately US$29.5 million in cash) brings Oz's domain expertise and customer base into Descartes' Global Logistics Network and extends its reach into the SMB e‑commerce market.
-
Descartes Systems Group Acquires OCR Services for About $90 Million
March 28, 2024
Software
Descartes Systems Group has acquired Rockville, Maryland–based OCR Services, a provider of global trade compliance solutions and content, for approximately $90 million in cash. The acquisition adds OCR’s GlobalEASE platform and controlled export data to Descartes’ Global Trade Intelligence offerings, expanding content and capability to better serve multinational customers and partners.
-
Nationwide Transport Services Acquires ContainerTransport.com
September 8, 2024
Logistics & Distribution
Nationwide Transport Services LLC (NTS), a Fort Lauderdale–based 3PL provider, has acquired the 25-year-old container shipping brand ContainerTransport.com. The deal adds container drayage and global container shipping capabilities to NTS's portfolio, strengthens its presence near JAXPORT (Jacksonville), and expands service offerings across the United States, Canada and internationally.
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.