M&A Deal Summary

Loadsmart Acquires Opendock

On November 5, 2021, Loadsmart acquired software company Opendock

Acquisition Highlights
  • This is Loadsmart’s 1st transaction in the Software sector.
  • This is Loadsmart’s 2nd transaction in the United States.
  • This is Loadsmart’s 1st transaction in Arizona.

M&A Deal Summary

Date 2021-11-05
Target Opendock
Sector Software
Buyer(s) Loadsmart
Deal Type Add-on Acquisition

Target

Opendock

Phoenix, Arizona, United States
Opendock is a warehouse scheduling software. Opendock assists in appointment scheduling to cut down on costly wait times while reducing inefficient backhauls. Opendock currently serves over 2,000 warehouses in the U.S. with 600,000+ appointments scheduled every month. Opendock is based in Phoenix, Arizona.

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Buyer(S) 1

Buyer

Loadsmart

Chicago, Illinois, United States

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Loadsmart is a freight technology company. Loadsmart leverages artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. Loadsmart was founded in 2014 and is based in Chicago, Illinois.


DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Arizona) 1 of 1
Country (United States) 2 of 2
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-05 Kamion

Park Ridge, Illinois, United States

Kamion is an intelligent trucking management system. Kamion's capacity insights when coupled with the Loadsmart platform give customers unprecedented transparency for the optimization of freight. Kamion was founded in 2016 and is based in Park Ridge, Illinois.

Buy -