Pioneer software provider in intermodal logistics PICit has been sold to Arcadea

PICit, a Danish SaaS powerhouse in information management solutions for intermodal logistics, has been acquired by Arcadea Group.

PICit’s 40+ employees provide a shared real-time information platform called Practical Intermodal Communication (PIC), which binds all transport parties together in an information network and creates a community. PICit offers a scalable and modular solution that spans the entire value chain, from terminal operating systems (TOS), rail software, goods transport systems (GTS) and customs systems to warehouse management systems (WMS) and more—all helping to coordinate and optimize the movement of logistics in real time. Through system-to-system integration, PICit ensures end-to-end connectivity across both internal and external systems.

Arcadea Group invests in high-quality, high-growth, typically founder-led vertical software companies over extremely long periods. With offices in Canada and the USA, and portfolio companies in North America, Europe and Australasia, Arcadea maintains a global investment purview.

Oaklins’ team in Denmark was engaged by the owners of PICit as the strategic and financial advisor in this transaction.

Service

M&A sell-side

Parties

“We are incredibly satisfied with the outcome of this transaction. Oaklins’ Danish team skillfully orchestrated a highly competitive process, which resulted in over 10 high-quality bids and ultimately in an attractive outcome. Most importantly, they helped us find a long-term partner in Arcadea Group, securing a stable future for our loyal customer base and creating significant growth opportunities for our employees. Oaklins’ commitment and expertise were instrumental throughout this process.”

Henrik Højen Andersen

CEO and co-owner, PICit

Talk to the deal team

Kim Harpøth Jespersen

Managing Partner

Copenhagen, Denmark
Oaklins Beierholm

View profile Get in touch

Anders Midtgaard

Manager

Copenhagen, Denmark
Oaklins Beierholm

View profile Get in touch

Related deals

Niscon Inc. has been acquired by SGPS ShowRig

TMT

Niscon Inc. has been acquired by SGPS ShowRig

Niscon Inc. has been successfully acquired by SGPS ShowRig, a global provider of staging, rigging and automation for live entertainment. The acquisition reinforces SGPS Showrig’s commitment to pushing the boundaries of innovation in the entertainment industry. By adding Niscon’s unique motion-control technology to its portfolio, SGPS Showrig strengthens its ability to deliver cutting-edge, precision-driven solutions.

Learn more

Fairfest Media has acquired WTE Miami

Business Support Services | TMT

Fairfest Media has acquired WTE Miami

Fairfest Media, organizer of OTM, the leading travel show in Asia, has acquired WTE Miami, the fastest-growing travel trade show in the USA. The acquisition marks a significant milestone in Fairfest’s global expansion, strengthening its presence in the Americas and beyond by leveraging decades of experience and leadership in Asia and India.

Learn more

Mo has been acquired by UKG

Business Support Services | TMT

Mo has been acquired by UKG

UKG Inc., an American HR technology company, has acquired Mo, a UK-based employee engagement platform previously owned by Calculus Capital. The acquisition forms part of UKG’s strategy to expand its employee engagement and recognition capabilities, with Mo’s technology now embedded within UKG Beacon, an AI-powered platform that integrates recognition with workforce analytics to help businesses improve employee engagement and retention.

Learn more