Descartes acquires Impatex

he all cash purchase price for the acquisition was GBP 5.1 million (approximately USD $8.3 million at December 20, 2013).


Descartes Impatex


Descartes Systems Group has acquired Impatex Freight Software Limited, a provider of electronic customs filing and freight forwarding solutions in the UK. The all cash purchase price for the acquisition was GBP 5.1 million (approximately USD $8.3 million at December 20, 2013). Descartes funded the purchase price for this acquisition by drawing on its existing acquisition line of credit.