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
Explore More
Related Acquisitions
-
WiseTech Global Acquires Envase Technologies
January 24, 2023
Transportation
WiseTech Global acquired Envase Technologies for US$230 million from private investment firm Firmament and a small number of other sellers. Envase, a Long Beach, California-based provider of transport management system software for intermodal trucking, drayage and landside logistics, serves more than 1,300 North American customers and was expected to generate about US$35 million of revenue in 2023; the deal is being funded with 70% cash and 30% new WiseTech shares.
-
Envase Technologies Acquires Infosite Technologies
April 7, 2021
Logistics & Distribution
Firmament-backed Envase Technologies acquired Montreal-area TMS vendor Infosite Technologies to expand its intermodal transportation software suite and strengthen its presence in Canada. The deal adds several hundred customers to Envase’s platform and is Envase’s fourth acquisition in six months, supported by financial partner The Firmament Group.
-
Amsted Digital Solutions Acquires GeoMetrix Rail Logistics
March 9, 2021
Software
Amsted Digital Solutions (ADS), a subsidiary of Amsted Rail, has acquired the assets of Calgary-based rail fleet management software company GeoMetrix Rail Logistics, Inc. The acquisition integrates GeoMetrix's rail logistics and fleet-management software into ADS's IoT and machine-learning platform to expand ADS's digital capabilities and product offerings for freight-rail customers.
-
Envase Technologies Acquires Tailwind Transportation Software
October 30, 2020
Transportation
Envase Technologies, backed by The Firmament Group, acquired Tailwind Transportation Software to add freight brokerage and over-the-road trucking functionality to its intermodal TMS platform. The acquisition also strengthens Envase's presence in the Canadian market and brings Tailwind's ~500 customers and product suite onto the Envase platform.
-
Envase Technologies Acquires SecurSpace
October 5, 2020
Transportation
Envase Technologies, a Firmament-backed provider of cloud-based transportation management software, acquired SecurSpace, a gate management and parking/storage marketplace for the intermodal supply chain. The acquisition integrates SecurSpace’s marketplace and Gate Management System into Envase’s TMS platform to expand capabilities for drayage carriers and yard operators across the United States.
-
The Firmament Group Invests in Profit Tools and Launches Envase Technologies
May 27, 2020
Software
The Firmament Group completed an investment in Profit Tools, LLC and concurrently launched Envase Technologies, a cloud-based intermodal TMS platform led by Larry Cuddy. Compcare Services, an existing Firmament portfolio company, participated alongside Firmament; financial terms were not disclosed. The move consolidates transportation-focused software capabilities to accelerate technology adoption across the intermodal drayage market.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.