The Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, today announced the acquisition of Drivin, a leading provider of last mile delivery management solutions across Latin America.
Drivin enables distributors, retailers, consumer goods companies, and logistics service providers to improve delivery performance with advanced route optimization, dispatch management, and real-time execution visibility, enhanced by machine learning and agentic AI capabilities. The platform is widely adopted in high-density urban environments where logistics complexity and service expectations continue to increase.
"Latin America represents a growth market for Descartes and for the broader logistics technology industry," said Edward J. Ryan, Descartes' CEO. "Drivin complements our existing fleet performance management offering, expands our reach in Latin America, and adds experienced leadership and deep domain expertise to help accelerate innovation, adoption and customer success across the Descartes Global Logistics Network.”
Drivin is headquartered in Santiago, Chile. Descartes acquired Drivin for up-front consideration of approximately US $30 million satisfied with cash on hand, plus potential performance-based consideration. The maximum amount payable under the all-cash performance-based earn-out is US $5 million, based on the combined business achieving revenue-based targets in the first two years post-acquisition. Any earn-out is expected to be paid in fiscal 2029.