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Hampleton Partners Advises on the Sale of pixi* Software to Descartes

Canada-based Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, has acquired pixi* Software GmbH (“pixi”), a leading Germany-based provider of technology solutions for e-commerce order fulfilment and warehouse management. The corporate finance and M&A advisory firm, Hampleton Partners, advised on the transaction.

“E-commerce and related omni-channel delivery is evolving rapidly as consumer expectations change around how things are bought and delivered,” said Ken Wood, Executive Vice President Product Management at Descartes. “pixi helps its customers address the specific logistics pain points involved with this changing landscape, helping both SMB e-commerce players and traditional retailers manage the fulfilment of omni-channel orders.”

Miro Parizek, Principal Partner at Hampleton remarked that “The transaction is indicative of the importance of the German e-commerce market which is seeing increased activity and continued high growth - in conjunction with the importance of end-to-end omni-channel solutions.”

“Hampleton facilitated our transaction from start to finish introducing us to Descartes, the perfect partner for pixi, and accompanying us in the process through to completion. It's been a great experience going through this with the Hampleton team.” Gregor Walter, co-founder of pixi continued, “We look forward to working with Descartes, providing us a global platform to market our best-of-breed e-commerce solutions.”

About Hampleton - http://www.hampletonpartners.com/

Hampleton Partners is an M&A advisory firm headquartered in London with an office in San Francisco, as well as professionals in Germany, Scandinavia and Asia. The firm is focused on and serves owners of companies in Automotive, Digital Marketing, Enterprise Software, Infrastructure, Information Management, E-Commerce, Mobility, SaaS & Cloud Services and FinTech sectors.

About Descartes

For more information about Descartes, visit http://www.descartes.com/ .

About pixi* Software GmbH

For more information about pixi*, visit http://www.pixi.eu/en .

Contact:

Hampleton Partners
Jamee Bender, +44 20 3728 6912
jamee@hampletonpartners.com

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