Magaya Corporation Acquires Qwyk and SimpliShip
September 9, 2021
Magaya Corporation acquired digital freight-forwarding platform Qwyk and freight marketplace SimpliShip to accelerate its digitization strategy and enhance customer-facing capabilities for logistics service providers. The dual acquisition adds a white-label customer portal, sailing-schedule data, and a marketplace/API-driven procurement capability to Magaya's logistics automation platform.
- Buyers
- Magaya Corporation
- Targets
- Qwyk, SimpliShip
- Industry
- Logistics & Distribution
- Location
- United States
- Transaction Type
- Buyout
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