Global Logistics M&A Recap in Partnership with Ti Insight

Europe accounted for the largest number of acquisitions (by target location) in May 2024, with 50% of all acquisitions recorded. North America accounted for 30.8% of acquisitions, with 8 acquisitions recorded in May. The United States was the most active country in terms of acquisitions (by target location), accounting for 7 acquisitions, or 26.9% of all acquisitions recorded. In terms of target services, Logistics and Software were the two most popular target services, accounting for a combined 50% of total May acquisitions.

"...The days of free money by way of near-zero interest rates appear to be fully in the rearview mirror. It has become very clear that this elevated rate environment is likely not going to change very soon, as the rate cuts from the Fed appear to be further out than the market hoped. Typically more sensitive to interest rate changes than strategic buyers, financial sponsors were largely..." - Marijan Ljubic, Director: T&L at Logisyn Advisors

"...Descartes announcing its acquisition of Aerospace Software Developments (ASD), a provider of customs and regulatory compliance solutions based in Dublin, Ireland. ASD specializes in customs declaration software for logistics service providers and shippers, as well as RFID solutions for tracking air logistics assets. The acquisition, valued at approximately €57 million, enhances ..." - Max Ibata-Arens, Director: Technology Sector at Logisyn Advisors

"...EP UK Bidco Limited, backed by Czech billionaire Daniel Kretinsky, offered £3.6bn for IDS, the parent company of Royal Mail, the UK postal operator. There is some doubt about the sale's approval due to its controversial nature and political implications, especially with..." - Paul Chapman, Senior Editor at Ti

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