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New Deal


Announced

Completed

Flexport completed the acquisition of the logistics assets of Shopify.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

Acquisition

Cross Border

Single Bidder

Freight Forwarding

logistics

Majority

Friendly

Private

Completed

Synopsis

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Flexport, a freight forward logistics company, completed the acquisition of the logistics assets of Shopify, a Canadian e-commerce platform. Financial terms were not disclosed. "We can give our merchants great value. Flexport gets tons of new customers to use their incredible product and we can go back to focusing on what we do best," Harley Finkelstein, Shopify President.

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