M&A Deal Summary

FreightWise Acquires Kuebix

On November 9, 2023, FreightWise acquired software company Kuebix from Trimble

Acquisition Highlights
  • This is FreightWise’s 1st transaction in the Software sector.
  • This is FreightWise’s 1st transaction in the United States.
  • This is FreightWise’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2023-11-09
Target Kuebix
Sector Software
Buyer(s) FreightWise
Sellers(s) Trimble
Deal Type Divestiture

Target

Kuebix

Maynard, Massachusetts, United States
Kuebix provides a transportation management system (TMS) that powers North America's largest shipping community. Kuebix is transforming the transportation industry with a common TMS platform for shippers, carriers, and intermediaries that enables new levels of visibility and efficiency for the entire market. Kuebix was founded in 2008 and is based in Maynard, Massachusetts.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

FreightWise

Brentwood, Tennessee, United States
Category Company
Sector Software
DESCRIPTION

FreightWise is provider of data-driven supply chain solutions, that solves challenges in clients' visibility, optimization, manual processes and cost. FreightWise is based in Brentwood, Tennessee.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Trimble

Westminster, Colorado, United States
Category Company
Founded 1978
Sector Information Technology
Employees12,700
Revenue 3.8B USD (2023)
DESCRIPTION
Entrance to Trimble Navigation's corporate headquarters in Sunnyvale, California.
Entrance to Trimble Navigation's corporate headquarters in Sunnyvale, California.

Trimble is a provider of location-based solutions. The Company integrates its positioning expertise in GPS, laser, optical and inertial technologies with application software, wireless communications, and services to provide an array of commercial solutions. Trimble's technology serves a variety of industries including agriculture, engineering and construction, transportation and wireless communications infrastructure. Trimble was founded in 1978 and is based in Westminster, Colorado.

DEAL STATS #
Overall 18 of 18
Sector (Software) 5 of 5
Type (Divestiture) 18 of 18
State (Massachusetts) 2 of 2
Country (United States) 17 of 17
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-12 Transporeon

Ulm, Germany

Transporeon is a provider of transportation logistics cloud platform allows manufacturers, retailers and carriers to fully digitize their transportation logistics processes. Transporeon was founded in 2000 and is based in Ulm, Germany.

Buy €1.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-08 Flashtract

Atlanta, Georgia, United States

Flashtract delivers specialized technology to streamline the flow of payment and compliance information between construction general contractors and subcontractors. Its technology is used to manage payment applications, lien waivers, and other electronic compliance and billing documentation, eliminating back-and-forth communication and cumbersome document transfers. Flashtract is based in Atlanta, Georgia.

Buy -
Mergr

Product

Company

Legal