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  5. Freightos Acquires Webcargo SL

M&A Deal Summary

Freightos Acquires Webcargo SL

On August 31, 2016, Freightos acquired internet software and services company Webcargo SL

Acquisition Highlights
  • This is Freightos’ 1st transaction in the Internet Software and Services sector.
  • This is Freightos’ 1st transaction in Spain.

M&A Deal Summary
Date 2016-08-31
Target Webcargo SL
Sector Internet Software and Services
Buyer(s) Freightos
Deal Type Add-on Acquisition

Target

Webcargo SL

Badalona, Spain
WebCargoNet is a software company that seeks to give competitive edge to airfreight and seafreight forwarders by optimizing rate management tasks.

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Buyer(S) 1

Buyer

Freightos

Miami Beach, Florida, United States
Category Company
Founded 2012
Sector Internet Software and Services
Employees350
Revenue 24M USD (2024)
DESCRIPTION

Freightos is an online freight network and sales automation platform that allows freight carriers to manage contracts, quotations, and sales processes. Freightos was founded in 2012 and is based in Miami Beach, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2016 M&A 1 of 1
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