Operating Company Software

Upshop

Austin, Texas, United States

Upshop is a total store operations platform that synchronizes Fresh, Center, eCommerce, and DSD solutions for grocery and convenience retailers. It delivers SaaS-based retail operations software using FreshIQ®, ShopperKit, Date Check Pro, and Itasca Retail’s Magic Inventory Intelligence to improve sales, reduce waste, and streamline labor efficiency.

Focus Areas
Fresh item management (FIM) software, Retail supply chain optimization, Inventory management software
Website
upshop.com

Tracked deals

3

3 tracked deals across 2021-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

1 addon · 1 buyout · 1 recapitalization

Upshop Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Upshop. 1 2021 1 2022 1 2024

Supporting Data

Recent Transactions

  • Buyer
    Upshop, Level Equity
    Target
    Invafresh
    Seller
    Tailwind Capital
    Industry
    Cloud & SaaS
    Location
    Ontario, Canada
    Type
    Buyout

    Upshop has merged with Invafresh to create a combined global food retail platform that streamlines forecasting, ordering, production and inventory optimization for grocery retailers. Tailwind Capital will retain an equity stake in the combined company alongside Level Equity; financial terms were not disclosed.

  • Buyer
    Upshop (formerly Applied Data Corporation), Prairie Capital
    Target
    Itasca Retail
    Industry
    Cloud & SaaS
    Type
    Addon

    Applied Data Corporation, rebranded as Upshop, has acquired Itasca Retail to expand its total store operations platform by adding inventory intelligence and replenishment capabilities. The deal, announced in September 2022 on Prairie Capital's site and Upshop/PR channels, integrates Itasca's Magic Inventory Intelligence into Upshop's cloud-based SaaS platform to improve on-shelf availability and streamline retail ordering.

  • Buyer
    Prairie Capital VI, LP, Management of Applied Data Corporation (led by CEO Shamus Hines)
    Target
    Applied Data Corporation
    Industry
    Cloud & SaaS

    Prairie Capital VI, LP partnered with CEO Shamus Hines and ADC management to complete a growth recapitalization of Applied Data Corporation (ADC). ADC, a Tampa-based provider of FreshIQ fresh item management SaaS deployed in over 20,000 locations across 120+ grocery and convenience chains, will use the investment to accelerate hiring, go-to-market, product development and pursue add-on acquisitions.

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