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

July 2024 — 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.

Our role in the transaction

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

Evoke Creative has been acquired by Steliau Technology

TMT

Evoke Creative has been acquired by Steliau Technology

Private equity firm BGF has sold Evoke Creative Ltd., an international provider of interactive digital solutions, to Steliau Technology, a company backed by Astorg Partners. Evoke will continue to operate as an independent brand while benefiting from the wider group’s support to accelerate international expansion, increase product innovation and strengthen its position in key vertical markets.

Learn more

Technolignes builds an Eastern Canada leader with the acquisition of C3F Telecom

Construction & Engineering Services | TMT

Technolignes builds an Eastern Canada leader with the acquisition of C3F Telecom

C3F Telecom Inc. has been acquired by Technolignes as part of its strategy to build a leading telecommunications infrastructure platform across Eastern Canada. The transaction brings together two highly complementary businesses, combining C3F’s engineering and network design expertise with Technolignes’ established field construction capabilities and regional presence. Together, the companies are well positioned to deliver end-to-end telecommunications infrastructure solutions to telecom operators, municipalities and public sector clients across a broader geographic footprint.

Learn more

OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value

Private Equity | TMT

OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value

OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.

Learn more