Proventis Partners advised PORTRIX LOGISTIC SOFTWARE

The shareholders of PORTRIX LOGISTIC SOFTWARE, a leading provider of multimodal rate management solutions for logistics providers (LSPs) sold their company to the Descartes Systems Group Inc., the global leader in uniting logistics-intensive businesses in commerce.

Proventis Partners acted as exclusive M&A advisor to the shareholders of PLS and supported them throughout the entire transaction. Services included the preparation of transaction documents, identification of suitable investors, execution of a structured sales process, coordination of the due diligence process and commercial SPA negotiations.