SPS Commerce Acquires MAPADOC

SPS Commerce Acquires Data Masons

December 17, 2020

Cloud & SaaS

SPS Commerce, Inc. acquired D Masons Software, LLC (Data Masons), a cloud-hosted EDI software and services provider focused on the Microsoft ERP market; the deal closed December 17, 2020. As part of SPS Commerce, Data Masons' customers will gain access to SPS's global retail network and expanded supply-chain connectivity and EDI capabilities. Founders Advisors served as the sell-side advisor to Data Masons.

SPS Commerce Acquires GCommerce

July 20, 2022

Software

SPS Commerce (NASDAQ: SPSC) acquired GCommerce, a provider of EDI and supply‑chain software for the automotive aftermarket, for approximately $45 million in cash. The deal brings GCommerce customers and capabilities into SPS’s retail cloud network and is expected to contribute incremental revenue while strengthening SPS’s leadership in the automotive aftermarket.

SPS Commerce Acquires InterTrade Systems Inc.

October 5, 2022

Cloud & SaaS

SPS Commerce, a Minneapolis-based provider of retail cloud services, acquired InterTrade Systems Inc., a supply-chain and product/transaction data exchange solutions provider, from mdf commerce inc. The deal was for approximately $49 million in cash and is intended to expand SPS Commerce's retail trading network and capabilities across apparel and general merchandise markets in North America.

SPS Commerce Acquires SupplyPike

August 1, 2024

Cloud & SaaS

SPS Commerce acquired SupplyPike, a vertical SaaS provider of invoice deduction management and prevention solutions for CPG suppliers, for approximately $119 million in cash plus $87 million in stock. The acquisition expands SPS Commerce’s retail supply chain product portfolio by adding automated deduction monitoring, dispute automation and revenue-recovery capabilities; SupplyPike will operate as part of SPS’s cloud offerings.

SentryHealth Acquires MAP Health

July 13, 2021

Healthcare Services

SentryHealth, a Louisville-based workplace health management firm, acquired MAP Health, a medical advocacy and utilization review provider, in early July 2021. The deal brings MAP Health’s care advocacy, utilization review, and case management capabilities into SentryHealth’s integrated employee health offering to improve navigation, outcomes, and cost savings for self-insured employers.

SPS Commerce Acquires Traverse Systems

May 9, 2024

Cloud & SaaS

SPS Commerce, a publicly traded retail supply chain cloud services company, has acquired Traverse Systems, a SaaS provider of vendor performance management and scorecarding solutions, for approximately $29.3 million ($25.0M cash and $4.3M stock). The acquisition expands SPS Commerce’s capabilities in supply chain performance and optimization and is expected to add incremental revenue in 2024 and 2025 while modestly impacting near-term Adjusted EBITDA.