Pivotree Acquires Bridge Solutions Group

August 26, 2021

Pivotree Inc. entered into a definitive agreement to acquire Bridge Solutions Group Corp., a supply-chain service provider specializing in order management, warehouse management (Yantra WMS/IMS/Control Tower) and application integration. The total purchase consideration is USD$6.0 million (USD$5.0 million cash plus 194,459 common shares) with potential earn-outs tied to gross profit growth; the deal expands Pivotree's end-to-end frictionless commerce and supply chain capabilities.

Buyers
Pivotree Inc.
Targets
Bridge Solutions Group Corp.
Industry
IT Services
Location
New Jersey, United States
Transaction Type
Buyout

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