Advantive Expands Global Reach with Acquisition of Commerce Vision
Deal News | Mar 06, 2025 | TA Associates
Advantive, a leader in mission-critical specialty software, has announced the acquisition of Commerce Vision, a prominent digital commerce platform based in Australia and New Zealand. This strategic acquisition aims to expand Advantive's international presence, enhance B2B eCommerce services, and venture into new industries like dental and PPE & safety. Commerce Vision, known for its strong product market fit and extensive experience, provides seamless B2B commerce solutions with deep ERP integration. Its AI-driven purchase order automation product, Lucy, offers significant potential in the U.S. market for efficient order processing. Advantive's CEO, Kevin Boyce, emphasizes the acquisition as an opportunity to strengthen their B2B commerce position and unlock growth opportunities in both the ANZ market and the U.S. The details of Advantive’s offerings and its strategic alignment with Commerce Vision's innovative solutions underscore a promising future for the combined entity.
Sectors
- Software Development
- E-Commerce
- Manufacturing and Distribution
Geography
- United States – Advantive is operating and targeting growth in the U.S. with the introduction of AI-based automation tools.
- Australia and New Zealand – Commerce Vision, the acquisition target, is based in Australia and New Zealand, marking a geographical expansion for Advantive.
Industry
- Software Development – The article discusses companies that develop software solutions tailored for B2B commerce and ERP integrations.
- E-Commerce – The acquisition targets business expansion in the eCommerce sector, enhancing B2B commerce capabilities across various industries.
- Manufacturing and Distribution – Advantive provides software solutions specifically designed for the distribution and manufacturing sectors, focusing on streamlining operations and enhancing visibility.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Advantive | Acquiring Company | Company | Advantive is a leading provider of mission-critical software for specialty distribution, manufacturing, and more. |
Commerce Vision | Target Company | Company | Commerce Vision offers a suite of B2B commerce solutions with deep ERP integration, based in Australia and New Zealand. |
TA Associates | Private Equity Firm | Company | TA Associates is a private equity firm involved in backing Advantive. |
Kevin Boyce | CEO of Acquiring Company | Person | CEO of Advantive, commenting on the strategic acquisition. |
David Brice | CEO of Target Company | Person | CEO of Commerce Vision, welcoming the acquisition and future developments. |