Announced
Completed
Synopsis
Arcadea Group, an investment firm that invests in founder-controlled software startups with long-term growth potential, completed the investment in FreightTracker, a transportation management software provider headquartered in Australia. Financial terms are not disclosed. “FreightTracker has cemented its dominant leadership position in Australia, and our partnership with Arcadea marks the beginning of our next chapter of international growth. With FreightTracker’s strong traction already in North America and Europe, and Arcadea’s proven track record of helping businesses scale globally, we’re exceptionally well positioned for the future. Arcadea’s long-term approach gives our customers—both here and abroad — tremendous confidence in the enduring strength of our business," Andrew Thornberry, FreightTracker CEO.
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