M&A Deal Summary

DAT Freight & Analytics Acquires Convoy Platform

On July 28, 2025, DAT Freight & Analytics acquired internet software and services company Convoy Platform from Flexport

Acquisition Highlights
  • This is DAT Freight & Analytics’ 2nd transaction in the Internet Software and Services sector.
  • This is DAT Freight & Analytics’ 2nd transaction in the United States.
  • This is DAT Freight & Analytics’ 1st transaction in Washington.

M&A Deal Summary

Date 2025-07-28
Target Convoy Platform
Sector Internet Software and Services
Buyer(s) DAT Freight & Analytics
Sellers(s) Flexport
Deal Type Divestiture

Target

Convoy Platform

Seattle, Washington, United States
Convoy is a digital freight network that connects shippers to carriers, facilitating the movement of millions of truckloads. Convoy saves money for shippers, reduces hassles for carriers, and eliminates carbon waste for our planet. Convoy was founded in 2015 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

DAT Freight & Analytics

Beaverton, Oregon, United States

Category Company
Founded 1978
Sector Software
Employees275
DESCRIPTION

DAT Freight & Analytics provides freight data analytics services. DAT Freight & Analytics was founded in 1978 and is based in Beaverton, Oregon.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Washington M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-17 Trucker Tools

Reston, Virginia, United States

Trucker Tools is a provider of trip planning, shipment visibility, predictive freight matching, and automated booking solutions for the transportation industry. Trucker Tools load tracking solution is a robust feature in the app that connects drivers with carriers and freight brokers, automating the provision and collection of real-time shipment tracking and eliminating manual check calls. Trucker Tools was founded in 2009 and is based in Reston, Virginia.

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Seller(S) 1

SELLER

Flexport

San Francisco, California, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Flexport, Inc. is a cloud software and data analytics platform offering a full range of services, including ocean, air, truck and rail freight, drayage & cartage, warehousing, customs brokerage, financing, and insurance. Flexport is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-02 Convoy Platform

Seattle, Washington, United States

Convoy is a digital freight network that connects shippers to carriers, facilitating the movement of millions of truckloads. Convoy saves money for shippers, reduces hassles for carriers, and eliminates carbon waste for our planet. Convoy was founded in 2015 and is based in Seattle, Washington.

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