M&A Deal Summary

Magaya Acquires Catapult International

On September 24, 2020, Magaya acquired internet software and services company Catapult International from Mercator

Acquisition Highlights
  • This is Magaya’s 1st transaction in the Internet Software and Services sector.
  • This is Magaya’s 2nd transaction in the United States.
  • This is Magaya’s 1st transaction in Kansas.

M&A Deal Summary

Date 2020-09-24
Target Catapult International
Sector Internet Software and Services
Buyer(s) Magaya
Sellers(s) Mercator
Deal Type Divestiture

Target

Catapult International

Lenexa, Kansas, United States
Catapult International provides technology-enabled solutions for freight forwarders, shippers, and carriers worldwide. Managing over one billion cargo rates at over a 99 percent accuracy rate, Catapult combines air, ocean, and ground rate contracts into one simple cloud-based system, enabling operations and sales departments to get their best carrier rate from point A to point B and realize dramatic efficiency improvements. Catapult International was formed in 2007 and is based in Lenexa, Kansas.

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Buyer(S) 1

Buyer

Magaya

Miami, Florida, United States

Category Company
Founded 2001
Sector Software
DESCRIPTION

Magaya is a provider of warehouse, cargo and supply chain management software solutions. Magaya was founded in 2001 and is based in Miami, Florida.


DEAL STATS #
Overall 2 of 5
Sector (Internet Software and Services) 1 of 3
Type (Divestiture) 1 of 1
State (Kansas) 1 of 1
Country (United States) 2 of 4
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-21 ACELYNK

San Antonio, Texas, United States

ACELYNK LLC is a provider in customs compliance software for the logistics industry. The Navigator platform is built with full inventory control and is seamlessly integrated with our ISF and InBond modules. It streamlines Tally-In’s from ISF to InBond to e214 and Tally-Out withdrawals, IE and T&E. ACELYNK was established in 2010 and is based in San Antonio, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 Qwyk

Dordrecht, Netherlands

Qwyk is a cloud-based digital freight forwarder platform. The Qwyk platform provides logistics service providers (LSPs) with a customizable, white-label, customer-facing portal, delivering a branded digital experience for end customers with all the functions of a digital forwarder in one application. Qwyk was founded in 2017 and is based in Dordrecht, The Netherlands.

Buy -

Seller(S) 1

SELLER

Mercator

Dubai, United Arab Emirates

Category Company
Founded 1985
Sector Software
DESCRIPTION

Mercator is a provider of software and tech-enabled outsourcing solutions to the global travel, transportation, and logistics industry.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-04 Revenue Management Systems

Seattle, Washington, United States

Revenue Management Systems, Inc. is a developer of revenue management software products.

Buy -