SPS Commerce Acquires MAPADOC
August 27, 2019
SPS Commerce, a Minneapolis-based retail cloud services provider, acquired the MAPADOC business (an operating unit of SWK Technologies/SilverSun Technologies) for $11.5 million in cash. The purchase adds MAPADOC’s EDI system automation capabilities and deeper ERP integrations for the Sage and Acumatica markets to SPS Commerce’s retail trading network and cloud platform.
- Buyers
- SPS Commerce, Inc.
- Targets
- MAPADOC
- Sellers
- SWK Technologies, Inc., SilverSun Technologies, Inc.
- Industry
- Software
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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