M&A Deal Summary

BlueGrace Logistics Acquires Evos Smart Tools

On March 6, 2024, BlueGrace Logistics acquired internet software and services company Evos Smart Tools

Acquisition Highlights
  • This is BlueGrace Logistics’ 1st transaction in the Internet Software and Services sector.
  • This is BlueGrace Logistics’ 2nd transaction in the United States.
  • This is BlueGrace Logistics’ 1st transaction in Oregon.

M&A Deal Summary
Date 2024-03-06
Target Evos Smart Tools
Sector Internet Software and Services
Buyer(s) BlueGrace Logistics
Deal Type Add-on Acquisition

Target

Evos Smart Tools

Bend, Oregon, United States
Evos Smart Tools is a SaaS optimization platform that helps shippers maximize resources and reduce costs through advanced supply chain algorithms and real-time data analytics. The company offers advanced order optimization algorithms based on customized business rules, configurable variables, and API connections to create load plans that align with unique customer requirements. Evos Smart Tools is based in Bend, Oregon.

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Buyer(S) 1

Buyer

BlueGrace Logistics

Riverview, Florida, United States
Category Company
Founded 2009
Sector Transportation
DESCRIPTION

Blue-Grace Logistics is a third-party logistics (3PL) provider of transportation management services in North America. BlueGrace helps businesses manage their less-than-truckload and truckload spend through industry leading technology, high level freight carrier relationships and superior insight of the complex $750 billion U.S. freight industry. BlueGrace was founded in 2009 and is headquartered in Riverview, Florida with over 60 corporate and franchise locations across the US.

DEAL STATS #
Overall 2 of 3
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Oregon) 1 of 1
Country (United States) 2 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-20 U.S. Transportation Consultants

Baltimore, Maryland, United States

U.S. Transportation Consultants, Inc. is a provider of IT solutions for transportation management.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-07 FreightCenter

Tampa, Florida, United States

FreightCenter is a provider of comprehensive, online logistics solutions, serving businesses and individuals with a wide range of freight services, including less-than-truckload (LTL), truckload, international, and intermodal shipping. FreightCenter was founded in 1998 and is based in Tampa, Florida.

Buy -
Mergr

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