M&A Deal Summary

Parsel Acquires Accord Ecom Solutions Pvt.

On December 8, 2015, Parsel acquired transportation company Accord Ecom Solutions Pvt.

Acquisition Highlights

This is Parsel’s 1st transaction in the Transportation sector.
This is Parsel’s 1st transaction in India.

M&A Deal Summary
Date	2015-12-08
Target	Accord Ecom Solutions Pvt.
Sector	Transportation
Buyer(s)	Parsel
Deal Type	Add-on Acquisition

Target

Accord Ecom Solutions Pvt.

India

Accord Ecom Solutions Pvt. Ltd. is a third-party logistics service provider.

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Buyer(S) 1

Buyer

Parsel

India

Category	Company
Founded	2015
Sector	Information Technology

DESCRIPTION

Parsel is a provider of IT infrastructure service to the fragmented logistics industry that increases capacity utilisation and improves efficiency.

DEAL STATS	#
Overall	1 of 1
Sector: Transportation M&A	1 of 1
Type: Add-on Acquisition M&A Deals	1 of 1
Country: India M&A	1 of 1
Year: 2015 M&A	1 of 1