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  6. Nascent Technology Acquires Smart Track Logistics

M&A Deal Summary

Nascent Technology Acquires Smart Track Logistics

On November 28, 2016, Nascent Technology acquired internet software and services company Smart Track Logistics

Acquisition Highlights
  • This is Nascent Technology’s 1st transaction in the Internet Software and Services sector.
  • This is Nascent Technology’s 1st transaction in the United States.
  • This is Nascent Technology’s 1st transaction in Florida.

M&A Deal Summary
Date 2016-11-28
Target Smart Track Logistics
Sector Internet Software and Services
Buyer(s) Nascent Technology
Deal Type Add-on Acquisition

Target

Smart Track Logistics

Jacksonville, Florida, United States
Smart Track Logistics, Inc. is a provider of cloud-based solutions for supply chain management, freight planning, and scheduling.

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Buyer(S) 1

Buyer

Nascent Technology

Charlotte, North Carolina, United States
Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Nascent Technology is a manufacturer of Automated Gate Systems (AGS), software and systems integration for the supply chain, including rail, marine terminals, manufacturing and distribution centers, as well as the private and for-hire carrier market. Nascent Technology was founded in 1996 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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