M&A Deal Summary |
|
|---|---|
| Date | 2025-03-25 |
| Target | 3Gtms |
| Sector | Software |
| Buyer(s) | The Descartes Systems Group |
| Sellers(s) | Sumeru Equity Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 115M USD |
| Advisor(s) | Lincoln International (Financial) Gibson, Dunn & Crutcher (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1981 |
| Sector | Software |
| Employees | 1,334 |
| Revenue | 651M USD (2025) |
The Descartes Systems Group is a provider of on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. The Descartes Systems Group was founded in 1981 and is based in Waterloo, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 57 |
| Sector: Software M&A | 21 of 22 |
| Type: Add-on Acquisition M&A Deals | 55 of 56 |
| State: Ohio M&A | 4 of 4 |
| Country: United States M&A | 31 of 33 |
| Year: 2025 M&A | 1 of 3 |
| Size (of disclosed) | 2 of 37 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-14 |
Sellercloud
Cranbury, New Jersey, United States Sellercloud provides small and mid-market retailers, distributors, wholesalers, and manufacturers with multi-channel ecommerce operations. Sellercloud’s Inventory Management Solutions and Order Management Solutions (IMS/OMS) help customers synchronize, plan and manage inventory levels across multiple sales channels. In addition, Sellercloud helps product sellers orchestrate the fulfillment process from routing orders to the right warehouse to enabling warehouse staff to better manage order picking, packing, shipping, and returns. Sellercloud was founded in 2010 and is based in Cranbury, New Jersey. |
Buy | $110M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-19 |
PackageRoute
Seattle, Washington, United States PackageRoute helps all independent contractors and service providers run their package delivery operations more efficiently. The company's technology seamlessly integrates with their pickup and delivery data, curates, organizes, and presents it in an intuitive way so contractors and drivers can make informed decisions from anywhere, using any device. This helps them deliver more packages per hour, eliminate operations anxiety, be more profitable, and offer better service, which leads to happier end customers and employees. PackageRoute was formed in 2017 and is based in Seattle, Washington. |
Buy | - |
Sumeru Equity Partners, Inc. is a technology-focused private equity firm that makes investments in mid-market software, technology enabled services, and hardware companies with a focus on growth. Sumeru Equity Partners typically invests between $50 and $250 million in companies with revenues greater than $10 million. Sumeru Equity Partners was formed in 2014 and is based in Foster City, California.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 12 |
| Sector: Software M&A | 5 of 5 |
| Type: Add-on Acquisition M&A Deals | 7 of 7 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 9 of 9 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-04 |
Aerospike
Mountain View, California, United States Aerospike is a provider of high-performance NoSQL database software for enterprise applications. Aerospike was founded in 2009 and is based in Mountain View, California. |
Buy | - |
