M&A Deal Summary

The Descartes Systems Group Acquires Aljex

On February 1, 2018, The Descartes Systems Group acquired internet software and services company Aljex for 32M USD

Acquisition Highlights
  • This is The Descartes Systems Group’s 11th transaction in the Internet Software and Services sector.
  • This is The Descartes Systems Group’s 11th largest (disclosed) transaction.
  • This is The Descartes Systems Group’s 18th transaction in the United States.
  • This is The Descartes Systems Group’s 4th transaction in New Jersey.

M&A Deal Summary
Date 2018-02-01
Target Aljex
Sector Internet Software and Services
Buyer(s) The Descartes Systems Group
Deal Type Add-on Acquisition
Deal Value 32M USD

Target

Aljex

Somerville, New Jersey, United States
Aljex is a cloud-based provider of back-office transportation management solutions for freight brokers and transportation providers. Aljex has built a robust platform backed by deep domain expertise. Aljex is based in Somerville, New Jersey.

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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 32 of 54
Sector (Internet Software and Services) 11 of 18
Type (Add-on Acquisition) 32 of 54
State (New Jersey) 4 of 6
Country (United States) 18 of 30
Year (2018) 1 of 3
Size (of disclosed) 11 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-15 MacroPoint

Cleveland, Ohio, United States

MacroPoint LLC is an electronic transportation network providing location-based truck tracking and predictive freight capacity data content. MacroPoint LLC was established in 2009 and is based in Cleveland, Ohio.

Buy $107M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-26 Velocity Mail

Centennial, Colorado, United States

Velocity Mail is an electronic transportation network that provides global air carriers with mail and parcel shipment scanning and tracking solutions. Velocity Mail automates the entire shipment process from route generation to accounting reconciliation, simplifying operational processes for the air carriers, ground handlers, and postal authorities. Velocity Mail is based in Centennial, Colorado.

Buy $26M
Mergr

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