Add-on Acquisition • Internet Software and Services

Freightos Acquires Webcargo SL

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

Acquisition Context

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

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

Target Company

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 Overview 1

Buyer

Freightos

Miami Beach, Florida, United States

Category	Company
Founded	2012
Sector	Internet Software and Services
Employees	350
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 Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Spain	1 of 1
Year: 2016	1 of 1

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Internet Software and Services M&A - Add-on Acquisition M&A Deals - Spain M&A - 2016 M&A