M&A Deal Summary

HighJump Software Acquires TrueCommerce

On September 27, 2010, HighJump Software acquired information technology company TrueCommerce

Acquisition Highlights
  • This is HighJump Software’s 1st transaction in the Information Technology sector.
  • This is HighJump Software’s 3rd transaction in the United States.
  • This is HighJump Software’s 1st transaction in Pennsylvania.
Investment Fate
  • TrueCommerce was divested to a consortium of buyers in 2012.
  • TrueCommerce was sold to a consortium of financial buyers in 2020.

M&A Deal Summary

Date 2010-09-27
Target TrueCommerce
Sector Information Technology
Buyer(s) HighJump Software
Deal Type Add-on Acquisition

Target

TrueCommerce

Cranberry Township, Pennsylvania, United States
TrueCommerce is a platform that provides digital connectivity and business system integration between buyers/sellers and their trading partners as well as an assortment of value-added supply chain software applications. TrueCommerce was founded in 1995 and is based in Cranberry Township, Pennsylvania.

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Buyer(S) 1

Buyer

HighJump Software

Eden Praire, Minnesota, United States

Category Company
Founded 1983
Sector Software
DESCRIPTION

HighJump Software, Inc. is a provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. HighJump Software was founded in 1983 and is based in Eden Praire, Minnesota.


DEAL STATS #
Overall 5 of 10
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 9
State: Pennsylvania M&A 1 of 1
Country: United States M&A 3 of 5
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-04 Insight Distribution Software

Portland, Oregon, United States

Insight Distribution Software is a provider of enterprise software solutions for the food and beverage distribution industries. The product suite for distributors includes the RouteCenter, RoutePad and Playbook applications which are based on a modern technical architecture and support easy configuration to meet the diverse operational needs of food and beverage distributors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-02 TrueCommerce

Cranberry Township, Pennsylvania, United States

TrueCommerce is a platform that provides digital connectivity and business system integration between buyers/sellers and their trading partners as well as an assortment of value-added supply chain software applications. TrueCommerce was founded in 1995 and is based in Cranberry Township, Pennsylvania.

Sell -