M&A Deal Summary

Envase Acquires DrayMaster

On February 9, 2021, Envase acquired software company DrayMaster

Acquisition Highlights
  • This is Envase’s 2nd transaction in the Software sector.
  • This is Envase’s 2nd transaction in the United States.
  • This is Envase’s 1st transaction in Nevada.

M&A Deal Summary
Date 2021-02-09
Target DrayMaster
Sector Software
Buyer(s) Envase
Deal Type Add-on Acquisition

Target

DrayMaster

Henderson, Nevada, United States
DrayMaster, Inc. is a software company with two core products: (i) DrayMaster, a rate management system (RMS) for intermodal carriers and freight forwarders, and (ii) Dray360, a software module that automates drayage carrier order entry and processing through robust rule engine algorithms. DrayMaster was founded in 2012 and is based in Henderson, Nevada.

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Buyer(S) 1

Buyer

Envase

Dover, New Hampshire, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Envase provides mission-critical, cloud-based transportation management systems ("TMS") enterprise software and mobile applications to the intermodal transportation industry, with a core focus on the drayage trucking niche. The software merges order entry, dispatch, container tracking, electronic data interchange (EDI), API connectivity, document imaging, invoicing, settlements, and business intelligence, among other functions, into a single, streamlined system providing carrier efficiencies and container visibility over the intermodal supply chain. Envase is based in Dover, New Hampshire.

DEAL STATS #
Overall 3 of 5
Sector (Software) 2 of 4
Type (Add-on Acquisition) 3 of 5
State (Nevada) 1 of 1
Country (United States) 2 of 3
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-30 Tailwind Transportation Software

Delta, British Columbia, Canada

Tailwind Transportation Software provides mission-critical transportation management system enterprise software and mobile applications to freight brokers, intermodal carriers, and over-the-road carriers. Tailwind Transportation Software was formed in 2002 and is based in Delta, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-07 Infosite

St-Eustache, Quebec, Canada

Infosite provides mission-critical transportation management system enterprise software to freight brokers, over-the-road carriers, and intermodal carriers. Infosite was formed in 1996 and is based in St-Eustache, Quebec.

Buy -
Mergr

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