Add-on Acquisition • Software

Amsted Digital Solutions Acquires GeoMetrix Rail Logistics

On March 9, 2021, Amsted Digital Solutions acquired software company GeoMetrix Rail Logistics

Acquisition Context
  • This is Amsted Digital Solutions’ 1st transaction in the Software sector.
  • This is Amsted Digital Solutions’ 1st transaction in Canada.
  • This is Amsted Digital Solutions’ 1st transaction in Alberta.

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M&A Deal Summary

Date March 9, 2021
Target GeoMetrix Rail Logistics
Sector Software
Buyer(s) Amsted Digital Solutions
Deal Type Add-on Acquisition

Target Company

GeoMetrix Rail Logistics

Calgary, Alberta, Canada
GeoMetrix Rail Logistics, Inc. is a railcar fleet management software company. GeoMetrix Rail Logistics is based in Calgary, Alberta.
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Buyer Overview 1

Buyer

Amsted Digital Solutions

West Chester, Pennsylvania, United States

Category Company
Sector Software
DESCRIPTION

Amsted Digital Solutions is an end-to-end, IoT solutions company provides software solutions enhanced by onboard GPS devices to deliver supply chain visibility across a customer's freight rail fleet. Amsted Digital Solutions is based in West Chester, Pennsylvania.


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 1
State: Alberta 1 of 1
Country: Canada 1 of 1
Year: 2021 1 of 1