M&A Deal Summary

The Descartes Systems Group Acquires Customs Info

On June 2, 2014, The Descartes Systems Group acquired information technology company Customs Info for 42M USD

Acquisition Highlights
  • This is The Descartes Systems Group’s 2nd transaction in the Information Technology sector.
  • This is The Descartes Systems Group’s 8th largest (disclosed) transaction.
  • This is The Descartes Systems Group’s 8th transaction in the United States.
  • This is The Descartes Systems Group’s 1st transaction in Utah.

M&A Deal Summary

Date 2014-06-02
Target Customs Info
Sector Information Technology
Buyer(s) The Descartes Systems Group
Deal Type Add-on Acquisition
Deal Value 42M USD

Target

Customs Info

Eden, Utah, United States
Customs Info LLC is a provider of trade data content to power Global Trade Management (GTM) systems and streamline global trade automation.

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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 18 of 54
Sector (Information Technology) 2 of 10
Type (Add-on Acquisition) 18 of 54
State (Utah) 1 of 2
Country (United States) 8 of 30
Year (2014) 2 of 5
Size (of disclosed) 8 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 Computer Management USA

Melville, New Jersey, United States

Computer Management USA, Inc. is a provider of security filing solutions and air cargo management solutions for airlines and their partners.

Buy $7M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-20 AirClic

Trevose, Pennsylvania, United States

AirClic is a provider of cloud-based mobile software products that improve the performance of mobile supply chain and logistics operations.

Buy -