Descartes announces acquisition of Minneapolis-based GroundCloud
February 15, 2023
Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, is expanding its final-mile services portfolio, announcing this week it has acquired Minneapolis-based GroundCloud, a cloud-based provider of final-mile carrier solutions and road safety compliance tools. The purchase price was $138 million, according to Descartes.