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JAIX Joins Arcadea Group

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JAIX, a 40-year-old Australian transport and logistics ERP provider, has been acquired by Arcadea Group, a global investor in vertical software businesses, marking a strategic shift for the company. Co-founder and CEO Heather Thornton will retire, with COO Michael Stock—who joined in 2009 and returned in 2023—assuming the CEO role to lead JAIX’s next growth phase. The acquisition aims to accelerate product innovation and expand JAIX’s cloud-hosted platform, which integrates freight, warehouse, and fleet management for complex logistics operations in Australia and New Zealand. Arcadea, known for long-term software investments, plans to leverage JAIX’s deep industry expertise and client trust to strengthen its transport and logistics portfolio, which includes FreightTracker and Railroad Software. JAIX’s leadership, including 24-year veteran Chief Product Officer Mike Holmes, will remain intact, ensuring continuity while pursuing long-term growth under Arcadea’s permanent capital model.
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Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.ADELAIDE, Australia & TORONTO — JAIX, a leading independent transport and logistics ERP software provider, today announced its acquisition by Arcadea Group, a preeminent, long-term investor in high-quality vertical software businesses. The partnership marks an important new chapter for JAIX, supporting the company’s continued product innovation, client success, and long-term growth across the Australian and New Zealand logistics and warehousing markets.Founded in Adelaide in 1985 by Heather and Dick Thornton, JAIX has spent over 40 years building an enterprise grade, deeply integrated logistics management system. Today, JAIX provides a modular, cloud-hosted platform spanning freight, warehouse management, dispatch, finance, fleet management, workshop, client portals, and reporting. These solutions provide critical support to clients running complex and multi modal operations on a single, highly integrated system.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.As part of this transition, Co-Founder and CEO Heather Thornton will retire from the business and Michael Stock, JAIX’s current COO, will be promoted to replace Heather as CEO. Michael began his career with JAIX in 2009 and rejoined the company in 2023, where he has helped drive continuous improvement, structural change, and scalability across the organisation. JAIX’s broader leadership team will continue to support the business through its next phase of growth. Mike Holmes, with 24 years of invaluable service to JAIX will continue to lead innovation as the Chief Product Officer.“Heather has built a remarkable business over four decades, one defined by product depth, client trust, and genuine domain expertise in transport and logistics,” said Paul Yancich, Arcadea’s Co-Founder and Managing Director. “JAIX is exactly the kind of mission-critical solution we look to support for the long term. We are excited to partner with Michael and the broader team to build on that foundation and invest in JAIX’s next chapter.”Heather Thornton said, “JAIX has been our life’s work, and I am incredibly proud of what our team has built. We have earned the trust of our clients by listening carefully and understanding the operational challenges they face every day. Our ongoing commitment to product development has ensured JAIX continues to evolve alongside our clients’ needs. With Michael’s leadership, supported by Arcadea, I am confident JAIX will embrace new technologies, accelerate development, and build on the strong foundations we have created. This is the right time and the right next step for JAIX, and I am confident it positions the business strongly for the future.”Michael Stock added, “We have a strong platform, an exceptional team, and a loyal client base that relies on us every day. Our focus at JAIX will remain delivering practical innovation, deepening client partnerships, and continuing to build the leading transport and logistics ERP platform for the market. With Arcadea’s support, we are well positioned to invest for the long term while staying true to what has made JAIX successful.”Arcadea Group is a long-term investor in high-quality vertical software businesses. With a global mandate and permanent capital base, Arcadea partners with mission-critical software companies to help them grow over exceptionally long durations. Across transport, its recent investments have included FreightTracker (Australia) and PICit (Denmark) in container & terminals, Railroad Software (US) and ZEDAS (Germany) in rail, and Vellox Group in general aviation (Australia).JAIX is a leading independent Australian transport and logistics ERP software provider. Founded in 1985, the company delivers modular, fully integrated cloud-hosted software solutions to transport logistics and warehousing operators across Australia and New Zealand. The business has built a strong reputation through long-standing client relationships, deep product configurability, and a highly specialised understanding of transport and logistics workflows. https://www.businesswire.com/news/home/20260409889992/en/ContactsPostmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. 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Source: Financial Post

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