Banyan Software announces acquisition of SqBx from Ubiquia

Banyan Software, Inc., a company focused on acquiring, building, and growing great enterprise software businesses, is excited to announce the acquisition of SqBx, a solution specializing in last-mile delivery workflows and chain of custody tracking. 

Headquartered in Phoenix, AZ and serving more than one thousand organizations throughout North America and Europe, SqBx addresses the critical need for transparency and accountability in the final stages of the supply chain and package delivery. With this software, businesses gain the ability to optimize delivery workflows, reduce losses, and enhance overall operational effectiveness. They are able to clearly route and track packages after arrival to an office, campus environment or central receiving, through final delivery to the intended recipient.

SqBx’s impact spans a wide range of industries, including universities, government agencies, financial institutions, and hospitality providers.

“We are excited to welcome SqBx to Banyan. Our decision was driven by the quality of SqBx’s software and the high level of appreciation from its customers. SqBx stands as a market-leading product, known for its configurability and functionality. We see an exciting opportunity to continue to grow the business, building upon its existing strengths.

David Berkal • CEO, Banyan Software

Choosing the right partner for the future was a critical decision for me. Banyan Software’s long-term outlook and unwavering commitment to supporting the team and our customers stood out to us. Their dedication to preserving the legacy of software companies and fostering growth makes them the perfect home for SqBx.

Dale Swanson • Owner and CEO of Ubiquia

About SqBx. For over a decade, SqBx has been the leading online and mobile application for chain of custody, process tracking, and proof of delivery. By providing real-time insights and accountability, SqBx empowers businesses to optimize their delivery processes, reduce losses, and enhance operational efficiency. With more installations than any of our competitors, you’ll find SqBx installed in businesses of all types in North America and Europe. For more information, please visit: ubiquia.com

About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. With a permanent capital base set up to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies. Founded in 2016, Banyan is backed by a world-class group of CEOs and investors with deep technology experience and currently operates across a growing number of verticals.

Related content

SELLER STORY

TransPlus: Big decisions and big-picture thinking

After 20 years building and scaling a comprehensive software platform for the entire transportation management lifecycle, the owners of TransPlus were ready for a change.

VIDEO

CEO Spotlight: Ardi Batmanghelidj

Hear Ardi, CEO and co-founder of Innovatum, share his story of growing and nurturing the business over 20 years and ultimately finding it a new home with Banyan.

Start typing and press Enter to search

Shopping Cart