Cerasis, Inc.
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Cerasis, Inc. - overview
Established
1997
Location
Eagan, MN, US
Primary Industry
Software
About
Cerasis, Inc. is a logistics solutions provider specializing in third-party logistics (3PL) services, focusing on freight shipping and supply chain management to streamline operations for businesses across various industries. Founded in 1997 and headquartered in Eagan, US, Cerasis, Inc. operates as a subsidiary of GlobalTranz Enterprises, Inc.
The company specializes in logistics solutions, particularly in freight management. The founders have a history in logistics and supply chain, although specific details are not disclosed. In January 2020, GlobalTranz acquired Cerasis, further enhancing its service offerings in the logistics domain. Cerasis offers a wide range of logistics services, including freight shipping, supply chain management, dedicated fleet solutions, expedited shipping, intermodal transport, and managed transportation partnerships.
The company serves over 113,000 clients in sectors such as automotive, food and beverage, manufacturing, and retail, providing tailored logistics solutions to enhance operational performance and visibility across supply chains. Cerasis generates revenue through a partnership model involving agents, carriers, and direct clients, primarily focusing on B2B transactions. The transaction structure includes agents securing freight solutions for clients, earning commissions on services rendered. The logistics technology platform offered by Cerasis streamlines shipping processes and enhances visibility, driving revenue through various services that integrate technology with traditional logistics solutions.
Cerasis plans to expand its offerings by developing new logistics solutions aimed at improving efficiency in freight management. The focus will be on enhancing its technology platform to better serve customer needs. Additionally, the company aims to penetrate new geographical markets, specifically targeting regions in North America, including potential expansions into cross-border operations by the end of 2022. The acquisition by GlobalTranz in January 2020 is expected to bolster these initiatives by providing the necessary resources and infrastructure to support growth.
Current Investors
GlobalTranz Enterprises, LLC
Primary Industry
Software
Sub Industries
Freight Transportation Services, Web Applications, Logistics Software, Application Integration Software
Website
www.cerasis.com
Verticals
IoT (Internet of Things)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Cerasis, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Cerasis, Inc. | - |
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Cerasis, Inc. - employee data
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