Signal Hill is pleased to announce that its client MacroPoint, LLC, a supply chain visibility platform that provides shippers, brokers and logistics service companies with real-time location-based freight tracking and predictive capacity analytics, has been acquired by Descartes Systems Group(TSX:DSG) (Nasdaq:DSGX). Ontario-based Descartes is the global leader in uniting logistics-intensive businesses in commerce.
MacroPoint runs a connected network of over 2 million trucking assets and drivers. It connects to trucks through integrations to on-board electronic logging devices (ELDs), transportation management systems, GPS-enabled smart phone applications and location-based mobile phone triangulation.
Signal Hill advised MacroPoint on its growth equity investment from SGE in August 2016.
We’re excited to have MacroPoint join the Global Logistics Network so that we can jointly deliver even more value to the logistics and supply chain community.
From our experience with Signal Hill last year, we knew that Dave Dolan and the team would work tirelessly on our behalf. Their counsel resulted in another successful transaction, and they guided us to the right partner for our firm.
We’re pleased to continue our relationship with Dave Dolan and the team at Signal Hill. They have become an advisor of choice in the transportation, logistics and supply chain technology market and we knew we could count on them to deliver an excellent and efficient outcome.