M&A Deal Summary

MercuryGate Acquires International Trade Systems

On November 14, 2023, MercuryGate acquired information technology company International Trade Systems

Acquisition Highlights
  • This is MercuryGate’s 1st transaction in the Information Technology sector.
  • This is MercuryGate’s 4th transaction in the United States.
  • This is MercuryGate’s 1st transaction in Washington.

M&A Deal Summary
Date 2023-11-14
Target International Trade Systems
Sector Information Technology
Buyer(s) MercuryGate
Deal Type Add-on Acquisition

Target

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.

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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 4 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Washington) 1 of 1
Country (United States) 4 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-08 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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