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  6. The Descartes Systems Group Acquires PackageRoute

M&A Deal Summary

The Descartes Systems Group Acquires PackageRoute

On June 19, 2025, The Descartes Systems Group acquired software company PackageRoute from ASG

Acquisition Highlights
  • This is The Descartes Systems Group’s 22nd transaction in the Software sector.
  • This is The Descartes Systems Group’s 32nd transaction in the United States.
  • This is The Descartes Systems Group’s 2nd transaction in Washington.

M&A Deal Summary
Date 2025-06-19
Target PackageRoute
Sector Software
Buyer(s) The Descartes Systems Group
Sellers(s) ASG
Deal Type Divestiture

Target

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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Buyer(S) 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 STATS #
Overall 56 of 57
Sector: Software M&A 22 of 22
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 2 of 2
Country: United States M&A 32 of 33
Year: 2025 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-25 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.

Buy $115M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-04 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.

Buy $40M

Seller(S) 1

SELLER

ASG

Walnut Creek, California, United States
Category Company
Sector Software
DESCRIPTION

ASG is a software business that buys, builds, and operates market-leading vertical SaaS companies. ASG brings exceptional talent, deep data analytics, and a market-tested software playbook to take your company to the next level. ASG is based in Walnut Creek, Californa.

DEAL STATS #
Overall 4 of 4
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 4 of 4
State: Washington M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-17 Trucker Tools

Reston, Virginia, United States

Trucker Tools is a provider of trip planning, shipment visibility, predictive freight matching, and automated booking solutions for the transportation industry. Trucker Tools load tracking solution is a robust feature in the app that connects drivers with carriers and freight brokers, automating the provision and collection of real-time shipment tracking and eliminating manual check calls. Trucker Tools was founded in 2009 and is based in Reston, Virginia.

Sell -
Mergr

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