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SPS Commerce Acquires Toronto-Based e-Commerce Software Aggregator

Thursday, January 23, 2025

 

As 2025 kicks off, optimizing supply chain efficiency appears to be a top priority. With more retail transactions moving online, enhancing e-commerce supply chains has become critical, driving a rise in companies focused on improving online store management. E-commerce software aggregators play a key role by helping businesses streamline inventory, order fulfillment, payment processing, shipping, and customer service.


This growing focus is underscored by SPS Commerce’s (NASDAQ:SPSC) announcement of its Agreement and Plan of Merger with Toronto-based e-commerce aggregator Carbon6 Technologies, Inc. (“Carbon6”). Through this deal, valued at approximately US$210 million in cash and SPS Commerce stock, SPS Commerce will acquire Carbon6. This acquisition, which follows SPS Commerce's previous purchase of SupplyPike, an e-commerce invoice deduction management solution, highlights the expanding market for e-commerce operational efficiency solutions. The acquisition of Carbon6, which is known for its specialized software tools for Amazon sellers, enhances SPS Commerce’s ability to integrate software solutions into a comprehensive platform to optimize e-commerce supply chain efficiency.


This strategic acquisition signals the continued evolution of e-commerce technology, as companies like SPS Commerce and Carbon6 work to provide more integrated, efficient solutions for online retailers in an increasingly competitive market.


Author: Matthew Stackhouse, 2024-2025 Articling Student

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