M&A Deal Summary

WiseTech Global Acquires Taric S.A.

On August 9, 2018, WiseTech Global acquired business services company Taric S.A.

Acquisition Highlights
  • This is WiseTech Global’s 1st transaction in the Business Services sector.
  • This is WiseTech Global’s 1st transaction in Spain.

M&A Deal Summary

Date 2018-08-09
Target Taric S.A.
Sector Business Services
Buyer(s) WiseTech Global
Deal Type Add-on Acquisition

Target

Taric S.A.

Madrid, Spain
Taric S.A. is a provider of of customs management solutions, including regulatory and tariff services, consultancy, training, process control and documentation management solutions to carriers, customs brokers, logistics providers, multinationals, and public institutions. Taric S.A. was founded in 1987 and is based in Madrid, Spain.

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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 23 of 31
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 22 of 30
Country: Spain M&A 1 of 1
Year: 2018 M&A 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-20 Pierbridge

Marlborough, Massachusetts, United States

Pierbridge, Inc. is a parcel shipping transportation management solution (TMS) provider to medium and large shippers. Pierbridge solutions automate many large shipping operations across the manufacturing, healthcare, financial, technology and e-commerce sectors for end-users. Pierbridge, Inc. was founded in 2004 and is based in Marlborough, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-16 Trinium Technologies

Rancho Palos Verdes, California, United States

Trinium Technologies LLC is a provider of intermodal trucking transportation management systems (TMS). Trinium offers a complete enterprise TMS for the efficient movement of sea freight containers between port terminals, inland rail terminals, container yards and warehouses. Trinium Technologies LLC was founded in 2000 and is based in Rancho Palos Verdes, California.

Buy -