Origin Capital advises IFS Global Holdings on its sale to WiseTech Global

Global Insights

Origin Capital advises Australia-based IFS Global Holdings on its sale to Australia-based WiseTech Global.

Founded in 1997, IFS is a multi-carrier logistics software-as-a-service business with revenue of A$7.9m and EBITDA of A$1.0m in FY2018.

The purchase price comprises A$20m upfront, with a further expected multi-year earn-out potential of about A$35m.

WiseTech is a leading developer and provider of software solutions to the logistics execution industry.

Their commitment to exceptional service and readily available inventory aligns perfectly with JPE’s core values.

I felt, guided, assured and informed throughout by Mike and the team…I don’t think it’s possible that there are better advisers than Quercus.

I felt, guided, assured and informed throughout by Mike and the team…I don’t think it’s possible that there are better advisers than Quercus.

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