Venzee Technologies Inc. to Acquire Jasper PIM Solution Business from Digital Commerce Payments Inc.
October 31, 2025
Venzee Technologies Inc. has entered into a transaction agreement with Digital Commerce Payments Inc. (DCP) to acquire DCP’s Jasper Software as a Service (SaaS) product information management (PIM) solution business (“Jasper Business”) for CAD$2,850,000, payable in Venzee shares at closing. The deal also involves a debt settlement through the conversion of DCP’s outstanding debt and Venzee convertible debentures into shares, and Venzee proposes a concurrent private placement of up to 31,578,947 shares for up to CAD$3,000,000.
- Buyers
- Venzee Technologies Inc., Digital Commerce Payments Inc., Jeffrey J. Smith, Pateno Payments Inc.
- Targets
- Digital Commerce Payments Inc.'s Jasper Software as a Service (SaaS) Product Information Management (PIM) Solution business (Jasper Business)
- Sellers
- Digital Commerce Payments Inc.
- Platforms
- Industry
- Cloud & SaaS
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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