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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