M&A Deal Summary

The Descartes Systems Group Acquires XPS Ship

On June 6, 2022, The Descartes Systems Group acquired transportation company XPS Ship

Acquisition Highlights
  • This is The Descartes Systems Group’s 2nd transaction in the Transportation sector.
  • This is The Descartes Systems Group’s 25th transaction in the United States.
  • This is The Descartes Systems Group’s 2nd transaction in Utah.

M&A Deal Summary
Date 2022-06-06
Target XPS Ship
Sector Transportation
Buyer(s) The Descartes Systems Group
Deal Type Add-on Acquisition

Target

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.

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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 46 of 54
Sector (Transportation) 2 of 3
Type (Add-on Acquisition) 46 of 54
State (Utah) 2 of 2
Country (United States) 25 of 30
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-21 Foxtrot

Chicago, Illinois, United States

Foxtrot is a provider of machine learning-based mobile route execution solutions. Foxtrot’s advanced machine learning algorithms leverage millions of data points collected from vehicles in the field, helping customers reduce last-mile costs, improve customer service and learn service factors that improve route efficiency and on-time performance. Foxtrot is based in Chicago, Illinois.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-06 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.

Buy $12M
Mergr

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