Descartes Systems Group Acquires Oz Development, Inc.

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.

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 Supply Vision

January 6, 2023

Logistics & Distribution

Descartes Systems Group has acquired Supply Vision, a Phoenix-based provider of shipment management solutions for North American Logistics Service Providers (LSPs). The deal was for approximately $12 million in cash up front plus up to $3 million in performance-based earn-outs, and is intended to expand Descartes' capabilities for LSP digitization and complement its existing portfolio of LSP solutions.

Descartes Systems Group Acquires XPS Technologies

June 9, 2022

Transportation

Descartes Systems Group acquired XPS Technologies, a Cottonwood Heights, Utah-based provider of cloud-based multi-carrier parcel shipping solutions, for approximately $65 million upfront plus up to $75 million in performance-based earn-outs. The acquisition expands Descartes' ecommerce shipping and fulfilment capabilities and brings XPS's network of more than 10,000 customers into Descartes' logistics SaaS portfolio.

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 Foxtrot

April 21, 2022

Logistics & Distribution

Descartes Systems Group acquired Foxtrot, a San Francisco-based provider of machine learning-driven mobile route execution solutions, for approximately US$4.0 million in cash. The acquisition strengthens Descartes' artificial intelligence and machine learning capabilities within its route planning and execution suite and expands its capabilities in retail food and beverage distribution and last-mile logistics.