The Canadian supply chain software firm Descartes Systems Group is continuing its run of acquisitions, announcing today that it has paid $120 million to buy California-based Extensiv, a provider of warehouse management and fulfillment solutions for third-party logistics providers (3PLs) and the brands they serve.
According to Ontario-based Descartes, the move adds to its warehouse and inventory management capabilities while deepening its reach into the 3PL and ecommerce fulfillment market. Extensiv helps 3PLs better manage inventory, orders, B2B and B2C fulfillment, and billing across a connected network of sales channels, ecommerce platforms, online marketplaces, and carriers.
“3PLs are under constant pressure to fulfill faster, scale flexibly, and support the evolving needs of modern brands,” said Mikel Richardson, GM, Ecommerce Operations at Descartes. “Descartes has long been a trusted technology provider for 3PLs. Extensiv strengthens that position by adding more participants, more contextually rich operational data, and fulfillment intelligence to the Descartes Global Logistics Network.”
