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  5. WiseTech Global Acquires Cargo Community Network Pty

M&A Deal Summary

WiseTech Global Acquires Cargo Community Network Pty

On May 4, 2016, WiseTech Global acquired technology hardware company Cargo Community Network Pty

Acquisition Highlights
  • This is WiseTech Global’s 1st transaction in the Technology Hardware sector.
  • This is WiseTech Global’s 2nd transaction in Australia.

M&A Deal Summary
Date 2016-05-04
Target Cargo Community Network Pty
Sector Technology Hardware
Buyer(s) WiseTech Global
Deal Type Add-on Acquisition

Target

Cargo Community Network Pty

Kogarah, Australia
Cargo Community Network Pty Ltd. is a supplier of mission critical airline messaging solutions and data integration to support activities of the Australian and New Zealand cargo operations of some of the world’s leading airlines, ground handling agents and freight forwarders. Since 2003, CCN Australia has been the exclusive distributor across Australia and New Zealand for CCN’s global messaging and applications to the air cargo industry.

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Buyer(S) 1

Buyer

WiseTech Global

Alexandria, United States
Category Company
Founded 1994
Sector Software
Employees3,500
Revenue 1.0B AUD (2024)
DESCRIPTION

WiseTech Global is a technology company specializing in logistics software solutions. The Company offers its flagship product, CargoWise, an integrated platform that streamlines operations for freight forwarders, customs brokers, and logistics providers across over 170 countries. WiseTech Global was formed in 1994 and is based in Alexandria, New South Wales.

DEAL STATS #
Overall 2 of 31
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 30
Country: Australia M&A 2 of 5
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-24 TransLogix Systems Pty

Sydney, Australia

TransLogix Systems Pty Ltd. is a provider of transport and warehouse Enterprise Resource Planning management systems in Australia and New Zealand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-30 znet group

Wiesbaden, Germany

znet group GmbH is a provider of automated customs software and solutions to over 500 customers. znet group products and brands include zara customs software, zafir precise customs consulting and secure customs clearance. znet group GmbH was established in 1997 and is based in Wiesbaden, Germany.

Buy -
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