SPS Commerce Completes Purchase of Carbon6 Technologies
Deal News | Feb 07, 2025 | Globenewswire
SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail cloud services, has completed the acquisition of Carbon6 Technologies, a provider of software tools for Amazon sellers, including first-party and third-party revenue recovery solutions. The acquisition aligns with SPS Commerce's strategy to enhance its service offerings and establish itself as a primary player in the emerging revenue recovery market. With over 45,000 customers globally, SPS Commerce continues to expand its retail network. The press release also includes forward-looking statements about the company's future prospects, cautioning that uncertainties and risks could affect actual outcomes.
Sectors
- Retail Cloud Services
- E-commerce Technology
Geography
- United States – SPS Commerce is headquartered in Minneapolis, and the acquisition announcement is made in the U.S.
Industry
- Retail Cloud Services – This industry involves technology services that optimize the supply chain and other operations for retail partners. SPS Commerce operates in this space.
- E-commerce Technology – Carbon6 Technologies provides tools for Amazon sellers, placing it within the e-commerce tech space, which supports online retail operations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SPS Commerce, Inc. | Acquirer | Company | A leader in retail cloud services and the acquiring company in this transaction. |
| Carbon6 Technologies, Inc. | Target | Company | A provider of software tools for Amazon sellers, specializing in revenue recovery. |