Descartes Enhances Final-Mile Delivery with PackageRoute Acquisition
Deal News | Jun 19, 2025 | Globenewswire
Descartes Systems Group, a leading provider of logistics solutions, has acquired PackageRoute for approximately $2 million. Based in the U.S., PackageRoute specializes in optimizing final-mile delivery services, offering real-time visibility, route optimization, and fleet management tools to subcontracted delivery service providers. This acquisition will incorporate PackageRoute's solutions into Descartes' existing suite of logistics and compliance solutions, which includes Descartes GroundCloud. This move is poised to enhance the capabilities of subcontracted carriers by integrating seamless operations, safety, and compliance features. Descartes' CEO Edward J. Ryan highlighted the intention to continue investing in the efficiency and safety of final-mile delivery solutions via this acquisition.
Sectors
- Logistics
- Technology
Geography
- United States – PackageRoute is based in Sammamish, Washington, in the United States, making it a significant geographical focus for Descartes’ expansion.
- Canada – Descartes Systems Group is headquartered in Waterloo, Ontario, Canada, relevant for corporate and strategic decision-making.
Industry
- Logistics – The acquisition by Descartes enhances their logistics solutions, particularly in final-mile delivery.
- Technology – PackageRoute offers a technology platform for route optimization and fleet management, significant for the software-as-a-service sector.
Financials
- US $2 million – Acquisition price paid by Descartes to acquire PackageRoute, settled from cash reserves.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Descartes Systems Group | Buyer | Company | A global leader in providing logistics software solutions. |
| PackageRoute | Target | Company | A company offering final-mile delivery solutions, based in Sammamish, Washington. |
| James Wee | General Manager of Routing, Mobile and Telematics at Descartes | Person | Oversees the integration of PackageRoute solutions into Descartes’ offerings. |
| Edward J. Ryan | CEO of Descartes | Person | Leader responsible for strategic acquisitions like PackageRoute to enhance Descartes’ services. |