Envase Technologies, a mission-critical software platform for the intermodal supply chain, has acquired Infosite Technologies, a transportation management system built for freight brokers, intermodal carriers, and over-the-road trucking companies based near Montréal, Quebec.
“The acquisition of Infosite adds a robust TMS offering serving freight brokerage, OTR, and intermodal customers,” said Larry Cuddy Jr., CEO, Envase Technologies. “We are incredibly excited to welcome the Infosite team and customers to the Envase family.”
The Infosite transaction represents Envase’s fourth acquisition in the last six months, following the acquisitions of SecurSpace, Tailwind, and DrayMaster, which represent Envase’s efforts to strengthen its position as a holistic provider of software tools for carriers and freight brokers.
Envase’s financial partner, The Firmament Group, provided strategic assistance in consummating the acquisition. Tedmond Wong and Green Campbell, who both serve as board members of Envase, led the transaction on behalf of Firmament.