WiseTech Global, a leading developer of logistics execution software, has recently announced an agreement to acquire ImpexDocs, a prominent provider of Global Trade Management (GTM) solutions. These solutions are specifically designed to centralize, digitize, and streamline international trade workflows for businesses operating in the global marketplace.
ImpexDocs, headquartered in Sydney, Australia, is being acquired from Acme Trade Group, with the finalization of the transaction pending regulatory approval and other customary conditions. The company was founded in 2003 by Manish Desai and has since established a strong presence serving clients across Australia, New Zealand, and the United States.
The core offering of ImpexDocs is a comprehensive trade software suite that provides a unified digital platform for export supply chain professionals. This platform enables users to efficiently manage international trade processes and documentation, including tasks such as sales and purchase orders, shipping logistics, and compliance paperwork. Additionally, ImpexDocs’ solution offers real-time visibility into the status of orders, shipments, and contracts, providing valuable insights for businesses operating in the global trade arena.
Vlad Bilanovsky, Chief Execution Officer of WiseTech Global, expressed his enthusiasm for the acquisition, stating: “The acquisition of ImpexDocs brings proven GTM capability to WiseTech’s solutions, along with a team of domain experts in global trade execution and compliance. This strategic move will help accelerate our ongoing product development efforts, particularly in the area of digital documentation, which is one of our key priorities for expanding the CargoWise ecosystem.”
Following the acquisition, ImpexDocs’ functionality will be seamlessly integrated into WiseTech’s suite of compliance, trade, and logistics products. Existing customers of ImpexDocs can expect continued access to the solutions they rely on, with the added benefit of enhanced integration and support from WiseTech’s global team. Importantly, Manish Desai will continue to lead the ImpexDocs team, ensuring a smooth transition and continued focus on delivering value to customers.
In response to the acquisition, ImpexDocs’ Founder and CEO, Manish Desai, shared his optimism for the future: “We are excited about the opportunities that joining WiseTech brings. The global reach and extensive resources of WiseTech will enable us to introduce ImpexDocs’ solutions to a much larger market, while also creating new career opportunities for our team members. We look forward to leveraging our combined strengths to drive innovation and growth in the global trade management sector.”
In conclusion, the acquisition of ImpexDocs by WiseTech Global marks a significant milestone in the evolution of both companies. By joining forces, these industry leaders are poised to deliver enhanced solutions and services to businesses engaged in international trade, setting the stage for continued innovation and success in the global marketplace.