M&A Deal Summary

ASG Acquires PackageRoute

On September 8, 2021, ASG acquired software company PackageRoute

Acquisition Highlights
  • This is ASG’s 16th transaction in the Software sector.
  • This is ASG’s 27th transaction in the United States.
  • This is ASG’s 5th transaction in Washington.

M&A Deal Summary
Date 2021-09-08
Target PackageRoute
Sector Software
Buyer(s) ASG
Deal Type Add-on Acquisition

Target

PackageRoute

Seattle, Washington, United States
website
PackageRoute helps all independent contractors and service providers run their package delivery operations more efficiently. The company's technology seamlessly integrates with their pickup and delivery data, curates, organizes, and presents it in an intuitive way so contractors and drivers can make informed decisions from anywhere, using any device. This helps them deliver more packages per hour, eliminate operations anxiety, be more profitable, and offer better service, which leads to happier end customers and employees. PackageRoute was formed in 2017 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

ASG

Walnut Creek, California, United States

website

Category Company
Sector Software
DESCRIPTION

ASG is a software business that buys, builds, and operates market-leading vertical SaaS companies. ASG brings exceptional talent, deep data analytics, and a market-tested software playbook to take your company to the next level.

DEAL STATS #
Overall 27 of 29
Sector (Software) 16 of 18
Type (Add-on Acquisition) 24 of 26
State (Washington) 5 of 5
Country (United States) 27 of 29
Year (2021) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 ALICE

New York, New York, United States

ALICE is an all-in-one hospitality operations platform that enables hotel staff to do their most impactful work without all the guesswork. Alice provides tools for Guest Service, Housekeeping, Maintenance, and Service Delivery with a focus on accountability and efficiency. ALICE was founded in 2013 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-18 MediMatrix

Minneapolis, Minnesota, United States

MediMatrix is a mobile healthcare software business that streamlines order management, enables 1-click image sharing, and expedites reimbursements for medical providers offering mobile radiology and imaging services. MediMatrix was founded in 2002 and is based in Minneapolis, Minnesota.

Buy -
Mergr

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