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.