M&A Deal Summary |
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Date | 2017-08-15 |
Target | MacroPoint |
Sector | Software |
Buyer(s) | The Descartes Systems Group |
Sellers(s) | Susquehanna Growth Equity |
Deal Type | Add-on Acquisition |
Deal Value | 107M USD |
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Category | Company |
---|---|
Founded | 1981 |
Sector | Software |
Employees | 1,334 |
Revenue | 486M USD (2023) |
The Descartes Systems Group is a provider of on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. The Descartes Systems Group was founded in 1981 and is based in Waterloo, Canada.
DEAL STATS | # |
---|---|
Overall | 31 of 49 |
Sector (Software) | 15 of 18 |
Type (Add-on Acquisition) | 31 of 49 |
State (Ohio) | 2 of 3 |
Country (United States) | 17 of 27 |
Year (2017) | 3 of 3 |
Size (of disclosed) | 2 of 31 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-06-02 |
PCSTrac
Philadelphia, Pennsylvania, United States PCSTrac, Inc. is a provider of specialty retailer and their logistics software service to improve carton-level visibility for shipments from distribution centers (DCs) to stores. PCSTrac is based in Philadelphia, Pennsylvania. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-02-01 |
Aljex
Somerville, New Jersey, United States Aljex is a cloud-based provider of back-office transportation management solutions for freight brokers and transportation providers. Aljex has built a robust platform backed by deep domain expertise. Aljex is based in Somerville, New Jersey. |
Buy | $32M |
Category | Growth Capital Firm |
---|---|
Founded | 2006 |
Size | Middle-Market |
Type | Sector Agnostic |
Susquehanna Growth Equity (SGE) is the private equity arm of The Susquehanna International Group of Companies. SGE focuses on companies that help streamline payments and related transactions. This includes SaaS, payments and transaction processing, capital markets technology, and internet/information services. SGE looks to commit $5 to $50 million in companies with at least $5 million of revenue. The Firm will consider both control and minority positions and targets opportunities across North America, Europe, and Israel. SGE was established in 2006 and is headquartered in Philadelphia, Pennsylvania.
DEAL STATS | # |
---|---|
Overall | 15 of 30 |
Sector (Software) | 3 of 7 |
Type (Add-on Acquisition) | 10 of 19 |
State (Ohio) | 1 of 1 |
Country (United States) | 13 of 26 |
Year (2017) | 2 of 2 |
Size (of disclosed) | 6 of 7 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-06-14 |
BuildOut
Chicago, Illinois, United States BuildOut is a commercial real estate marketing software company that provides SaaS-based marketing and customer relationship management software to commercial real estate brokerages. Buildout’s software is designed to manage the entire sale or lease process of a property from initial prospecting to the ultimate closing, including automating the creation of marketing materials, reaching prospective buyers and tenants, powering brokerage listings pages, and sharing transactional documents with all involved parties in a transaction. BuildOut was formed in 2010 and is based in Chicago, Illinois. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-09-15 |
HighRadius
Houston, Texas, United States HighRadius is an enterprise Software-as-a-Service (SaaS) company. The HighRadius Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing, and payment processing. Powered by the Rivana™ Artificial Intelligence Engine, HighRadius™ Integrated Receivables enables teams to leverage machine learning for accurate decision making and future outcomes. HighRadius was established in 2006 and is based in Houston, Texas. |
Buy | - |