Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce.

GroundCloud, a cloud-based provider of final-mile carrier solutions and road safety compliance tools.

Descartes has been acquisitive in the market recently and is taking GroundCloud off the table for $138 million in cash, and another earn-out on top of that.  This sounds like a pretty great exit for GroundCloud which by all accounts was below $10 million in revenue, although this is just based on my guess.

GroundCloud provides safety, compliance, and transportation software for final mile providers.

GlobeNewswire: Descartes Acquires GroundCloud