DSGX - Descartes Systems Acquires BestTransport For Flatbed Logistics Tech
Quick Take
Descartes Systems Group (DSGX) announced it has acquired BestTransport.com for $11.2 million.
BestTransport operates as a cloud-based transportation management system ((TMS)) provider.
DSGX is continuing to acquire the pieces necessary to build out its transportation and logistics management offerings in a quickly growing and changing industry.
Target Company
Worthington, Ohio-based BestTransport was founded in 1999 to provide a cloud-based TMS solution focused on flatbed-intensive manufacturers and distributors.
Management is headed by Chief Operating Executive Reo Hatfield, who has been with the firm since 2015.
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