We were pleased to act for Descartes Systems Group Inc. (TSX:DSG) on its recent acquisition of Aerospace Software Developments Limited and Thyme-IT UK Limited (ASD).
Descartes is a Canadian publicly quoted multinational technology company specialising in logistics software, supply chain management software, and cloud-based services for logistics businesses.
Based in Dublin, ASD is a software company that builds mission-critical applications based on modern RFID technology, specifically engineered for the Aerospace and Aviation market sector. The cutting-edge technology aids the air logistics community in tracking assets. ASD also provides customs declaration software for logistics services providers and shippers.
Martin Kelleher, Partner and Head of Corporate, said: “We are delighted to see such a positive outcome for our client, which further establishes Descartes as a leader in the global logistics software market. This acquisition aligns perfectly with their strategic goals, enhancing their offerings and extending their reach into critical European markets.”
Our advisory team included representatives from multiple practice areas across the firm, including Corporate, Tax, Competition & Antitrust, Pensions, Employment, Real Estate and Intellectual Property Law.
