M&A Deal Summary

MercuryGate Acquires ClearTrack

On November 8, 2022, MercuryGate acquired internet software and services company ClearTrack

Acquisition Highlights
  • This is MercuryGate’s 1st transaction in the Internet Software and Services sector.
  • This is MercuryGate’s 3rd transaction in the United States.
  • This is MercuryGate’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2022-11-08
Target ClearTrack
Sector Internet Software and Services
Buyer(s) MercuryGate
Deal Type Add-on Acquisition

Target

ClearTrack

Brentwood, Tennessee, United States
ClearTrack is a provider of Supply Chain Management (SCM) software and interactive services. Through the creation, operation, and delivery of innovative, cost-effective, reliable supply chain technology applications and services, the company empowers leading retail, brand, and manufacturing companies to work better in a unified, virtual environment to realize clarity across the global trading network. ClearTrack is based in Brentwood, Tennessee.

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Buyer(S) 1

Buyer

MercuryGate

Cary, North Carolina, United States
Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

MercuryGate is an independent provider of SaaS-based transportation management system (TMS) solutions. MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, freight forwarders, brokers, and carriers. MercuryGate’s solutions are unique in their native support of all modes of transportation on a single platform including Parcel, LTL, Truckload, Air, Ocean, Rail, and Intermodal. MercuryGate was formed in 2000 and is based in Cary, North Carolina.

DEAL STATS #
Overall 3 of 4
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 3 of 4
State (Tennessee) 1 of 1
Country (United States) 3 of 4
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 Cheetah Software Systems

Westlake Village, California, United States

Cheetah Software Systems provider of a dynamic, adaptive Logistics Operations Optimization Platform (LOOP) for retailers and carrier for hire companies in the LTL, courier, healthcare and retail logistics spaces, with a passion for the consumer. Cheetah Software Systems is based in Westlake Village, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-14 International Trade Systems

Gig Harbour , Washington, United States

International Trade Systems (ITS) is a provider of Freight Software Solutions exclusively focused on service for the international trade community. ITS provides an integrated, online customs brokerage and freight forwarding cloud platform to reduce costs, manage compliance, and track shipments in real-time. International Trade Systems is based in Gig Harbour, Washington.

Buy -
Mergr

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