en.Wedoany.com Reported - Canadian logistics technology company The Descartes Systems Group Inc. (NASDAQ: DSGX) announced on July 6, 2026, that it has completed the acquisition of Drivin, a Chilean last-mile delivery management software provider. The initial cash consideration for the transaction is approximately $30 million, with an additional earn-out provision of up to $5 million.
Founded in 1981 and headquartered in Waterloo, Ontario, Canada, Descartes Systems Group is a global leader in logistics and supply chain management software, with its global logistics network connecting over 250,000 transportation and logistics service providers worldwide. Drivin, headquartered in Santiago, Chile, is a last-mile delivery management solution provider focused on the Latin American market.
Drivin's software platform offers distributors, retailers, consumer goods companies, and logistics service providers end-to-end delivery management services, from route planning and scheduling to real-time execution, leveraging machine learning and agent-based artificial intelligence to optimize delivery performance. The platform has been widely adopted in high-density urban areas across Latin America.
Edward J. Ryan, CEO of Descartes Systems Group, stated that Latin America is a key growth market for Descartes and the logistics technology industry as a whole. Drivin will complement the company's existing fleet performance management product line, expand its business coverage in Latin America, and bring an experienced leadership team and deep domain expertise to Descartes' global logistics network. James Wee, General Manager of Descartes' Fleet Performance Management Solutions, noted that Drivin brings a proven and highly adaptable solution for complex last-mile operations management, and its extensive real-world delivery data accumulated in Latin America will help enhance AI training, predictive analytics, and optimization capabilities.
Under the agreement, the earn-out provision is triggered by revenue targets in the first two years post-acquisition. If achieved, a cash consideration of $5 million will be paid, expected in fiscal year 2029. This acquisition further strengthens Descartes' strategic position in the Latin American last-mile logistics market and marks another significant transaction following the company's $28 million acquisition of Pittsburgh-based fleet safety solution provider Idelic in April 2026.
