Successful Deals with PwC: Descartes acquires STEPcom

PwC Switzerland Corporate Finance/M&A acted as lead advisor in the sale of STEPcom, a leading supplier of Electronic Data Interchange (“EDI”) supply chain solution, to Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce.

Zurich | PwC Switzerland Corporate Finance/M&A is proud to announce that it acted as lead advisor in the sale of STEPcom, a leading supplier of Electronic Data Interchange (“EDI”) supply chain solution, to Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce.
STEPcom has connected trading partners to its Business-to-Business (“B2B”) network for more than 15 years, helping supply chain participants connect, collaborate and seamlessly exchange electronic data.

The sale of STEPcom to Descartes Systems Group reflects the owner’s intention to provide continuity and stability to their broad customer base and employees. Descartes Systems Group will foster consolidation in the EDI space providing clients in Switzerland and globally with a one-stop shop solution for B2B procurement and supply chain IT solutions.