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  6. The Descartes Systems Group Acquires 3Gtms

M&A Deal Summary

The Descartes Systems Group Acquires 3Gtms

On March 25, 2025, The Descartes Systems Group acquired software company 3Gtms from Sumeru Equity Partners for 115M USD

Acquisition Highlights
  • This is The Descartes Systems Group’s 21st transaction in the Software sector.
  • This is The Descartes Systems Group’s 2nd largest (disclosed) transaction.
  • This is The Descartes Systems Group’s 31st transaction in the United States.
  • This is The Descartes Systems Group’s 4th transaction in Ohio.

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

Target

3Gtms

Columbus, Ohio, United States
3Gtms is the fastest growing tier 1 transportation management system (TMS) provider and is committed to giving mid-to-large shippers and logistics service providers a competitive advantage through technology. 3Gtms was founded in 2013 and is based in Columbus, Ohio.

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Buyer(S) 1

Buyer

The Descartes Systems Group

Waterloo, Ontario, Canada
Category Company
Founded 1981
Sector Software
Employees1,334
Revenue 486M USD (2023)
DESCRIPTION

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 55
Sector (Software) 21 of 21
Type (Add-on Acquisition) 55 of 55
State (Ohio) 4 of 4
Country (United States) 31 of 31
Year (2025) 1 of 1
Size (of disclosed) 2 of 36
PREVIOUS DEAL
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

Seller(S) 1

SELLER

Sumeru Equity Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2014
Size Small
Type Sector Focused
DESCRIPTION

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 $25 and $200 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) 5 of 5
Type (Add-on Acquisition) 7 of 7
State (Ohio) 1 of 1
Country (United States) 9 of 9
Year (2025) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-28 Snow Software

Solna, Sweden

Snow Software is a provider of software asset management ("SAM") solutions. The company's products help both private and public sector organizations in managing their software spend. Snow's solutions further enable IT departments to free up valuable time through automating a number of time-consuming tasks and optimize returns on new software investments. Snow Software was founded in 1997 and is based in Solna, Sweden.

Sell -
Mergr

Product

Company

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