Add-on Acquisition • Software

WiseTech Global Acquires Softcargo

On April 23, 2018, WiseTech Global acquired software company Softcargo

Acquisition Context
  • This is WiseTech Global’s 12th transaction in the Software sector.
  • This is WiseTech Global’s 1st transaction in Uruguay.

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M&A Deal Summary

Date April 23, 2018
Target Softcargo
Sector Software
Buyer(s) WiseTech Global
Deal Type Add-on Acquisition

Target Company

Softcargo

Montevideo, Uruguay
Softcargo is a provider of freight forwarding and logistics solutions. Softcargo provides advanced software solutions for customers ranging from small businesses to multinational companies. Softcargo is based in Montevideo, Uruguay.
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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 18 of 31
Sector: Software 12 of 17
Type: Add-on Acquisition 17 of 30
Country: Uruguay 1 of 1
Year: 2018 5 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-23 EasyLog

France

EasyLog is a provider of customs management solutions. EasyLog provides advanced software solutions for customers ranging from small businesses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-17 Ulukom Bilgisayar Yazılım Donanım Danışmanlık ve Tic. A.Ş.

Istanbul, Turkey

Ulukom Bilgisayar Yazılım, Donanım, Danışmanlık ve Tic. A.Ş. is a provider of logistics, warehouse and customs management solutions. Ulukom’s software automates critical business processes, increases staff productivity and operates according to international industry and regulatory requirements. Ulukom was founded in 1987 and is based in Istanbul, Turkey.

Buy -

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