M&A Deal Summary

The Descartes Systems Group Acquires Supply Vision

On January 6, 2023, The Descartes Systems Group acquired information technology company Supply Vision for 12M USD

Acquisition Highlights
  • This is The Descartes Systems Group’s 8th transaction in the Information Technology sector.
  • This is The Descartes Systems Group’s 21st largest (disclosed) transaction.
  • This is The Descartes Systems Group’s 26th transaction in the United States.
  • This is The Descartes Systems Group’s 2nd transaction in Arizona.

M&A Deal Summary
Date 2023-01-06
Target Supply Vision
Sector Information Technology
Buyer(s) The Descartes Systems Group
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

Supply Vision

Phoenix, Arizona, United States
Supply Vision is a provider of shipment management solutions for North American Logistics Services Providers (LSPs). It has a history of helping LSPs digitize their operations and manage the lifecycle of shipments. The company provides modular applications that help LSPs coordinate shipments, from quoting, routing, and booking through to final delivery. The Supply Vision platform also integrates with real-time visibility solutions, such as Descartes MacroPoint, to provide LSPs and their end customers with enhanced information about shipment status and location. Supply Vision is based in Phoenix, Arizona.

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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 47 of 54
Sector (Information Technology) 8 of 10
Type (Add-on Acquisition) 47 of 54
State (Arizona) 2 of 2
Country (United States) 26 of 30
Year (2023) 1 of 3
Size (of disclosed) 21 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-06 XPS Ship

Cottonwood Heights, Utah, United States

XPS Ship is a provider of eCommerce multi-carrier parcel shipping solutions. XPS provides its cloud-based multi-carrier parcel shipping solutions directly to small-, medium- and large-sized eCommerce shippers. XPS Ship is based in Cottonwood Heights, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-14 GroundCloud

Minneapolis, Minnesota, United States

GroundCloud is a cloud-based provider of final-mile carrier solutions and road safety compliance tools. GroundCloud is based in Minneapolis, Minnesota.

Buy $138M
Mergr

Product

Company

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