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New Deal


Announced

Completed

WiseTech Global completed the acquisition of Envase Technologies for $230m.

Financials

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Transaction Value£185m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Acquisition

Cross Border

software development

transport management software

United States

logistics software

Software

Private

Single Bidder

Completed

Synopsis

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WiseTech Global, a developer of logistics execution software CargoWise, completed the acquisition of Envase Technologies, a provider of transport management system software for intermodal trucking, drayage and landside logistics in North America, for $230m. "This is a strategically significant acquisition in landside logistics, which extends and strengthens our position in one of our six key CargoWise development priority areas, and we’re extremely pleased to have the Envase team join the WiseTech Global group," Richard White, WiseTech Global Founder and CEO.

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