Friday 28th Oct 2016 - Logistics Manager

Descartes buys UK telematics firm

Descartes Systems has bought Exentra Transport Solutions, a UK-based provider of software-as-a-service driver compliance solutions for £10.7 million.

Exentra’s cloud-based compliance management platform, Smartanalysis, manages tachograph data from customers’ vehicles.

Thousands of Exentra’s UK routeing-centric customers will join Descartes’ Logistics Technology Platform, where more than 35,000 trading partners collaborate to improve logistics operations.

Clearwater Corporate Finance advised Exentra on the deal.