M&A Deal Summary

Envase Acquires Tailwind Transportation Software

On October 30, 2020, Envase acquired software company Tailwind Transportation Software

Acquisition Highlights
  • This is Envase’s 1st transaction in the Software sector.
  • This is Envase’s 1st transaction in Canada.
  • This is Envase’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2020-10-30
Target Tailwind Transportation Software
Sector Software
Buyer(s) Envase
Deal Type Add-on Acquisition

Target

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.

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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 2 of 5
Sector: Software M&A 1 of 4
Type: Add-on Acquisition M&A Deals 2 of 5
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-05 SecurSpace

Charlotte, North Carolina, United States

SecurSpace is a gate management software and online marketplace technology provider that connects companies looking for parking and storage options to those with dedicated or excess capacity.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-09 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.

Buy -