Add-on Acquisition • Software

WiseTech Global Acquires Fenix Data Systems

On June 8, 2018, WiseTech Global acquired software company Fenix Data Systems

Acquisition Context
  • This is WiseTech Global’s 14th transaction in the Software sector.
  • This is WiseTech Global’s 1st transaction in Canada.
  • This is WiseTech Global’s 1st transaction in Ontario.

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M&A Deal Summary

Date June 8, 2018
Target Fenix Data Systems
Sector Software
Buyer(s) WiseTech Global
Deal Type Add-on Acquisition

Target Company

Fenix Data Systems

Mississauga, Ontario, Canada
Fenix Data Systems, Inc. is a software solutions provider for the customs brokerage industry. Fenix offers advanced customs compliance solutions and allows users to create, manage and transmit import transactions directly to the Canada Border Services Agency. Fenix Data Systems, Inc. was founded in 1989 and is based in Mississauga, Ontario.
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Buyer Overview 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 Context for Buyer #
Overall 21 of 31
Sector: Software 14 of 17
Type: Add-on Acquisition 20 of 30
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2018 8 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-28 SaaS Transportation

Destin, Florida, United States

SaaS Transportation, Inc. is a provider of LTL and logistics transportation management solutions to third party logistics companies and shippers with integrated quoting, booking and tracking. SaaS Transportation, Inc. was founded in 2011 and is based in Destin, Florida.

Buy -
FOLLOWING 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 -