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Category: NetCHB

Descartes Acquires NetCHB

Descartes Acquires NetCHB

Descartes Systems Group Inc., (TSX:DSG) (Nasdaq:DSGX) of Waterloo, Ontario, has acquired NetCHB, a leading provider of customs filing solutions in the U.S. Descartes said it acquired NetCHB for “up-front cash consideration” of $40 million, plus potential performance-based consideration. The maximum amount payable under the all-cash performance-based earn-out is $60 million, based on NetCHB achieving revenue-based […]