Compu-Clearing Outsourcing Ltd has been acquired by WiseTech Global
WiseTech Global has acquired all the shares in South African firm Compu-Clearing Outsourcing Limited for US$17 million and has delisted the company from the Johannesburg Stock Exchange.
Established in 1983, Compu-Clearing Outsourcing Limited is South Africa's industry leader in the provision of IT products and services to the customs clearing, freight forwarding, air cargo and related industries.
Founded in 1994 in Australia, WiseTech Global is an innovative, multi-award winning global developer of cloud-based software solutions for the international and domestic logistics industries. WiseTech Global's leading product, CargoWise One, provides the most sophisticated and comprehensive end-to-end logistics solution in the world and forms an integral link in the global supply chain. WiseTech Global has clients holding more than 150,000 licenses across a customer community of 7,000 sites in 105 countries.
Oaklins' team in South Africa acted as corporate advisor and transaction sponsor to the seller.
Talk to the deal team
Annerie Britz
Oaklins African Bank
Related deals
Darien S.p.A. has launched a voluntary public tender offer for NVP S.p.A.
Darien S.p.A. has initiated a voluntary public tender offer for NVP S.p.A.
Learn moreShareDo has been acquired by Clio
In a landmark deal in the legal software sector, ShareDo, a UK-based provider of a cutting-edge SaaS work management platform, trusted by the world’s largest law firms, has been acquired by Clio, a global leader in cloud-based legal technology.
Learn moreSCLogic has been acquired by iLobby and rebranded as FacilityOS
The acquisition of SCLogic by iLobby, a portfolio company of Insight Partners, has been successfully completed. This strategic merger combines the strengths of both companies under the newly launched FacilityOS brand, enhancing industry leading delivery, logistics, tracking and other facility management capabilities across global enterprises.
Learn more