M&A Deal Summary

The Descartes Systems Group Acquires BestTransport.com

On August 21, 2019, The Descartes Systems Group acquired internet software and services company BestTransport.com for 11M USD

Acquisition Highlights
  • This is The Descartes Systems Group’s 12th transaction in the Internet Software and Services sector.
  • This is The Descartes Systems Group’s 23rd largest (disclosed) transaction.
  • This is The Descartes Systems Group’s 21st transaction in the United States.
  • This is The Descartes Systems Group’s 3rd transaction in Ohio.

M&A Deal Summary
Date 2019-08-21
Target BestTransport.com
Sector Internet Software and Services
Buyer(s) The Descartes Systems Group
Deal Type Add-on Acquisition
Deal Value 11M USD

Target

BestTransport.com

Columbus, Ohio, United States
BestTransport.com, Inc. is a cloud-based transportation management system (TMS) provider focused on flatbed-intensive manufacturers and distributors. BestTransport.com, Inc. was founded in 2000 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 38 of 54
Sector (Internet Software and Services) 12 of 18
Type (Add-on Acquisition) 38 of 54
State (Ohio) 3 of 3
Country (United States) 21 of 30
Year (2019) 4 of 4
Size (of disclosed) 23 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-27 STEPcom Services

Rheinfelden, Switzerland

STEPcom Services GmbH is a provider of Business-to-Business (“B2B”) supply chain integration network. STEPcom Services is based in Rheinfelden, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-24 Peoplevox

London, United Kingdom

Peoplevox is a provider of cloud-based eCommerce warehouse management solutions (“eWMS”). Peoplevox serves direct-to-consumer eCommerce customers around the world. Peoplevox was launched in 2008 and is headquartered in London, United Kingdom.

Buy £19M
Mergr

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