M&A Deal Summary

Magaya Acquires Qwyk

On September 9, 2021, Magaya acquired internet software and services company Qwyk

Acquisition Highlights
  • This is Magaya’s 3rd transaction in the Internet Software and Services sector.
  • This is Magaya’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2021-09-09
Target Qwyk
Sector Internet Software and Services
Buyer(s) Magaya
Deal Type Add-on Acquisition

Target

Qwyk

Dordrecht, Netherlands
website
Qwyk is a cloud-based digital freight forwarder platform. The Qwyk platform provides logistics service providers (LSPs) with a customizable, white-label, customer-facing portal, delivering a branded digital experience for end customers with all the functions of a digital forwarder in one application. Qwyk was founded in 2017 and is based in Dordrecht, The Netherlands.

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Buyer(S) 1

Buyer

Magaya

Miami, Florida, United States

website


Category Company
Founded 2001
Sector Software
DESCRIPTION

Magaya is a provider of warehouse, cargo and supply chain management software solutions. Magaya was founded in 2001 and is based in Miami, Florida.


DEAL STATS #
Overall 4 of 4
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 3 of 3
Country (Netherlands) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 SimpliShip

Boston, Massachusetts, United States

SimpliShip is a freight marketplace platform focused on API connectivity and freight procurement innovation. SimpliShip was founded in 2014 and is based in Boston, Massachusetts.

Buy -