Nascent Technology LLC has purchased Smart Track Logistics Inc., a cloud-based supply chain management company across a variety of industries, for its complementary technology. Financial terms of the deal were undisclosed.
Smart Track, based in Jacksonville, Florida, is a service provider of on-demand logistics transportation management, freight planning, and scheduling for the pharmaceutical, retail, government and manufacturing industries. The target’s cloud-based Nimbus Connect technology, designed and priced for smaller and mid-size operations, helps clients with transportation tracking and inbound and outbound dock management. Nascent believes that Smart Track’s software aligns well with the buyer’s existing readyAGS technology.