Divestiture • Software

ID Logistics Group Acquires Jagged Peak

On November 28, 2019, ID Logistics Group acquired software company Jagged Peak from Singapore Post for 15M USD

Acquisition Context
  • This is ID Logistics Group’s 1st transaction in the Software sector.
  • This is ID Logistics Group’s 5th largest (disclosed) transaction.
  • This is ID Logistics Group’s 1st transaction in the United States.
  • This is ID Logistics Group’s 1st transaction in Florida.

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M&A Deal Summary

Date November 28, 2019
Target Jagged Peak
Sector Software
Buyer(s) ID Logistics Group
Sellers(s) Singapore Post
Deal Type Divestiture
Deal Value 15M USD

Target Company

Jagged Peak

Tampa, Florida, United States
Jagged Peak, Inc. is a provider of e-commerce solutions provider with software and services to enhance the scalability, flexibility, and profitability of single-channel, multi-channel and omnichannel online businesses. Jagged Peak, Inc. was founded in 2000 and is based in Tampa, Florida.
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Buyer Overview 1

Buyer

ID Logistics Group

Orgon, France

Category Company
Founded 2001
Sector Transportation
Employees33,844
Revenue 3.3B EUR (2024)
DESCRIPTION

ID Logistics Group is a provider of logistics services. ID Logistics Group was founded in 2001 and is based in Orgon, France.


Deal Context for Buyer #
Overall 3 of 7
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: Florida 1 of 1
Country: United States 1 of 2
Year: 2019 1 of 1
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-27 Logiters Logística S.A.

Madrid, Spain

Logiters Logística S.A. is a provider of logistics services for customers in Spain and Portugal.

Buy €85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-10 GVT Transport & Logistics

Tilburg, Netherlands

GVT Transport & Logistics is a transport and logistics company that offers warehousing, road transport, and last-mile delivery services. The company manages 12 sites, employs more than 750 professionals, rents 200.000 m² of warehouses, and has a fleet of 285 trucks throughout the Netherlands and Belgium. Its main logistics campus in Tilburg is strategically located within a short distance from important sea-and airports and good accessibility by water, rail, and road with many international manufacturers based in this region. It serves a diversified client portfolio, mostly A-brand international electronic goods and non-food retail companies. GVT Transport & Logistics is based in Tilburg, Netherlands.

Buy €80M

Seller Profile 1

SELLER

Singapore Post

Singapore, Singapore

Category Company
Founded 1819
Sector Transportation
Employees4,900
Revenue 814M SGD (2025)
DESCRIPTION

Singapore Post (SingPost) is a postal and e-commerce logistics provider with a portfolio of businesses that spans from national and international postal services to warehousing and fulfilment, international freight forwarding, and last-mile delivery. Headquartered in Singapore, SingPost has approximately 3,000 employees, with offices in 14 markets worldwide. Singapore Post was founded in 1819 and is based in Singapore.


Deal Context for Seller #
Overall 2 of 3
Sector: Software 1 of 1
Type: Divestiture 2 of 3
State: Florida 1 of 1
Country: United States 2 of 2
Year: 2019 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-19 TradeGlobal

Cincinnati, Ohio, United States

TradeGlobal is a provider of an omnichannel solutions provider with an end-to-end e-commerce offering, serving the world’s fashion, beauty and lifestyle brands. TradeGlobal was founded in 2001 and is based in Cincinnati, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-02 FMH Group

Moorabbin, Australia

FMH Group is a diversified logistics holding company with divisions across 4PL, warehousing, transportation, and technology. The Group comprises: Australia’s 4PL, efm Logistics; logistics technology company, Flip; transportation providers, Border Express, BagTrans, Spectrum Logistics, CouriersPlease and Logistics Holdings Australia, under which is GKR Transport, Niche Logistics and Formby Logistics. FMH Group is based in Moorabbin, Australia.

Sell -