Route Acquires Frate Returns to Expand Post‑Purchase Platform

Descartes Systems Group Acquires PackageRoute

June 19, 2025

Logistics & Distribution

Descartes Systems Group has acquired PackageRoute, a US-based provider of final-mile carrier software, for approximately US$2 million in cash. The acquisition adds PackageRoute's mobile and web-based route optimization, real-time visibility and fleet management capabilities to Descartes' GroundCloud suite to strengthen its final-mile carrier offerings.

GRO Acquires DigitalRoute from Neqst

April 23, 2024

Software

Northern European private equity firm GRO has agreed to acquire DigitalRoute, a Stockholm-based leader in Usage Data Management software, from Swedish PE firm Neqst. The acquisition will support DigitalRoute's expansion and accelerate product development to capture growing demand for subscription- and usage-based billing and monetization across industries.

Fastfrate Group Acquires Majority Stake in Challenger Group

August 2, 2022

Trucking & Fleet

Fastfrate Group completed a majority acquisition of Challenger Group (Challenger Motor Freight) following Competition Bureau Canada approval, expanding Fastfrate's network across Canada and into the United States. Challenger will continue to operate independently under incoming CEO Jim Peeples while Fastfrate maintains existing management and staff.

ASG (Alpine Investors) Acquires PackageRoute

September 8, 2021

Cloud & SaaS

ASG, a portfolio company of Alpine Investors that buys and builds vertical SaaS companies, has acquired PackageRoute, a last-mile delivery app that provides visibility and route/stop management for independent service providers and drivers. The acquisition is an add-on to ASG's Logistics Technology vertical and will be used to expand ASG's last-mile capabilities and accelerate product growth.

Routeware Acquires RouteOptix Management Systems

June 11, 2019

Software

Routeware, a Portland, Oregon-based provider of fleet automation and analytics for the waste industry, has acquired Ontario-based RouteOptix Management Systems, a developer of customer management, routing and billing software. The deal gives Routeware a Canadian operation and expands its product capabilities and experience into additional waste segments including liquid, hazardous and medical waste, as well as document destruction and scrap metal.

RouteTrust, Inc. Acquires RTX Solutions, LLC

January 8, 2019

Telecommunications

RouteTrust, an Austin-based telecommunications software provider, acquired RTX Solutions, LLC in January 2019. The deal (terms undisclosed) is intended to expand RouteTrust’s product offerings and accelerate capabilities in cloud-based telecom routing, switching and management solutions.