TBP Spotlight – WiseTech Global Acquires SmartFreight
WiseTech Global Acquires SmartFreight Deal Financials Transaction Overview On August 16, 2018, Australian logistics software provider WiseTech Global Limited (ASX:WTC) announced its acquisition of IFS Global Holding Pty Ltd (SmartFreight), an Australian provider of multi-carrier less-than-truckload (LTL) shipping and parcel shipping solutions. The purchase comprises of a $14.3m (USD) upfront payment and an additional $25.0m…