Add-on Acquisition • Internet Software and Services

The Descartes Systems Group Acquires Finale Inventory

On August 4, 2025, The Descartes Systems Group acquired internet software and services company Finale Inventory for 40M USD

Acquisition Context
  • This is The Descartes Systems Group’s 19th 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 33rd transaction in the United States.
  • This is The Descartes Systems Group’s 4th transaction in California.

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M&A Deal Summary

Date August 4, 2025
Target Finale Inventory
Sector Internet Software and Services
Buyer(s) The Descartes Systems Group
Deal Type Add-on Acquisition
Deal Value 40M USD

Target Company

Finale Inventory

Palo Alto, California, United States
Finale Inventory is a developer of a cloud-based inventory management solution. Finale Inventory was formed in 2014 and is headquartered in Palo Alto, California.
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Buyer Overview 1

Buyer

The Descartes Systems Group

Waterloo, Ontario, Canada

Category Company
Founded 1981
Sector Software
Employees1,334
Revenue 651M USD (2025)
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 Context for Buyer #
Overall 57 of 57
Sector: Internet Software and Services 19 of 19
Type: Add-on Acquisition 56 of 56
State: California 4 of 4
Country: United States 33 of 33
Year: 2025 3 of 3
Size (of disclosed) 11 of 37
PREVIOUS DEAL
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.

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