M&A Deal Summary

WiseTech Global Acquires Cargoguide International B.V.

On September 12, 2017, WiseTech Global acquired internet software and services company Cargoguide International B.V.

Acquisition Highlights
  • This is WiseTech Global’s 3rd transaction in the Internet Software and Services sector.
  • This is WiseTech Global’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2017-09-12
Target Cargoguide International B.V.
Sector Internet Software and Services
Buyer(s) WiseTech Global
Deal Type Add-on Acquisition

Target

Cargoguide International B.V.

Utrecht, Netherlands
Cargoguide International B.V. is a provider of global air freight rate management solutions. Cargoguide provides its solutions to large freight forwarders including DHL, Expeditors, UPS, DSV, Geodis, Panalpina, Kuehne + Nagel, Schenker, Toll and Yusen. Cargoguide International B.V. was established in 2003 and is based in Utrecht, Netherlands.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 10 of 31
Sector: Internet Software and Services M&A 3 of 10
Type: Add-on Acquisition M&A Deals 10 of 30
Country: Netherlands M&A 1 of 2
Year: 2017 M&A 8 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-12 Harbinger Enterprises

Chapel Hill, North Carolina, United States

Harbinger Enterprises LLC (dba CargoSphere) is a provider of global ocean freight rate management solutions. The CargoSphere rate technology platform delivers frictionless rate distribution and networking. Cloud-based, systematized contract and rate management provides the CargoSphere user community with accurate and collaborative rate distribution, sharing, comparison and quoting, as well as the ability to self-publish FMC tariffs. CargoSphere was established in 1999 and is based in Chapel Hill, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-13 Microlistics

Minneapolis, Minnesota, United States

Microlistics, Inc. is a provider of warehouse management solutions encompassing enterprise, express, cold storage and third party logistics. Microlistics, Inc. was established in 1994 and is based in Minneapolis, Minnesota.

Buy -