During the first three quarters of 2024, the Smart Logistics sector saw 112 transactions, a pace that’s set to meet or exceed deal volumes seen in 2023.
Private equity firms maintained their active presence in the market, being responsible for 25% of these acquisitions as buyers.
Through September 2024, disclosed M&A deal value reached $4.6B, on par to meet or exceed the numbers seen in 2023. Only 13% of transactions reported financial terms as buyers preferred to keep their M&A strategies private.
Venture capital funding levels remained subdued during the first nine months of 2024 compared to their peak in 2021 and the median VC funding size was $5M during this period. This dynamic has instead encouraged companies to pursue M&A strategies for growth and liquidity.
Through September 2024, tech giants Accenture and Descartes shared the top position on the Smart Logistics leaderboard, having acquired 4 companies each. They are followed by retail analytics specialist Nuqleous, digital SCM firm Blue Yonder and supply chain and third-party risk AI company Exiger which all made 2 transactions during this period.
Report Summary
If you are aiming to learn about the key deals and valuations for Smart Logistics technology companies, then you’ve come to the right place. With our report, you’ll get valuable information that will inform the future of your company and educate yourself on the current trends in the market.
