SPS Commerce Acquires InterTrade Systems Inc.
October 5, 2022
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.
- Buyers
- SPS Commerce, Inc.
- Targets
- InterTrade Systems Inc.
- Sellers
- mdf commerce inc.
- Industry
- Cloud & SaaS
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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