M&A Deal Summary

FreightTech Acquires Beijing Anytrust Science & Technology Co.

On November 14, 2017, FreightTech acquired information technology company Beijing Anytrust Science & Technology Co. for 2M USD

Acquisition Highlights
  • This is FreightTech’s 1st transaction in the Information Technology sector.
  • This is FreightTech’s largest (disclosed) transaction.
  • This is FreightTech’s 1st transaction in China.

M&A Deal Summary

Date 2017-11-14
Target Beijing Anytrust Science & Technology Co.
Sector Information Technology
Buyer(s) FreightTech
Deal Type Add-on Acquisition
Deal Value 2M USD

Target

Beijing Anytrust Science & Technology Co.

Beijing, China
Beijing Anytrust Science & Technology Co., Ltd. is a big data company providing data infrastructure design, big data access and analytics, and document automation for enterprises and government agencies with customers including Tianhong Asset Management, Yinhua Fund Management, BAIC Motor, Beijing North Star Yayuncun Auto Marketplace, Yonyou FinTech Information Technology, and Experian Information Solutions, etc.

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Buyer(S) 1

Buyer

FreightTech

Houston, Texas, United States

Category Company
Founded 2015
Sector Transportation
Employees82
Revenue 14M USD (2024)
DESCRIPTION

FreightTech is a North American transportation logistics technology platform company focused on US-Mexico-Canada cross-border shipping. FreightTech was founded in 2015 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2017 M&A 1 of 1
Size (of disclosed) 1 of 1