Descartes Acquires Latin American Last Mile Delivery Provider Drivin For $30M In Cash And Up To $5M In Earn-Outs

The Descartes Systems Group (NASDAQ: DSGX ) (TSX: DSG ), the global leader in uniting logistics-intensive businesses in commerce, today announced the acquisition of Drivin, a leading provider of last mile delivery management solutions across Latin America.

Drivin enables distributors, retailers, consumer goods companies, and logistics service providers to improve delivery performance with advanced route optimization, dispatch management, and real-time execution visibility, enhanced by machine learning and agentic AI capabilities.

The platform is widely adopted in high-density urban environments where logistics complexity and service expectations continue to increase. "Drivin brings a proven and highly adaptable solution for managing complex last mile operations.

It also has a significant volume of last mile logistics data and operational metadata generated from real-world delivery execution across Latin America to improve AI training and execution, predictive analytics, and optimization," said James Wee, General Manager of Fleet Performance Management solutions at Descartes. "The combination enhances our ability to serve distribution-intensive businesses around the world as they modernize and scale to meet customer expectations for faster, more reliable delivery experiences amidst growing urban congestion and complexity." "Latin America represents a growth market for Descartes and for the broader logistics technology industry," said Edward J.

Ryan, Descartes' CEO. "Drivin complements our existing fleet performance management offering, expands our reach in Latin America, and adds experienced leadership and deep domain expertise to help accelerate innovation, adoption and customer success across the Descartes Global Logistics Network." Drivin is headquartered in Santiago, Chile.

Descartes acquired Drivin for up-front consideration of approximately US $30 million satisfied with cash on hand, plus potential performance-based consideration.

The maximum amount payable under the all-cash performance-based earn-out is US $5 million, based on the combined business achieving revenue-based targets in the first two years post-acquisition.

Any earn-out is expected to be paid in fiscal 2029.