Descartes completed the acquisition of GroundCloud for $218m.

Descartes, a Canadian multinational technology company specializing in logistics software, completed the acquisition of GroundCloud, a cloud-based provider of final-mile carrier solutions and road safety compliance tools, for $218m. “To deliver safely and efficiently on customer expectations in today’s dynamic market conditions, final-mile carriers need a holistic approach to operations, safety and compliance. This challenge is even more complex for the thousands of subcontracted delivery service providers working as agents for larger carriers. GroundCloud helps ensure seamless operations, end-to-end visibility, and standards of safety and compliance are met, including helping final-mile carriers comply with the various safety mandates of large transportation brands,” Andrew Roszko, Descartes Chief Commercial Officer.