Add-on Acquisition • Information Technology

Rootstock Software Acquires Praxis Solutions

On November 17, 2025, Rootstock Software acquired information technology company Praxis Solutions

Acquisition Context
  • This is Rootstock Software’s 1st transaction in the Information Technology sector.
  • This is Rootstock Software’s 2nd transaction in the United States.
  • This is Rootstock Software’s 1st transaction in Virginia.

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M&A Deal Summary

Date November 17, 2025
Target Praxis Solutions
Sector Information Technology
Buyer(s) Rootstock Software
Deal Type Add-on Acquisition

Target Company

Praxis Solutions

Richmond, Virginia, United States
Praxis Solutions is a Salesforce consulting and implementation firm with in-depth expertise in the Salesforce ecosystem and Rootstock ERP. Praxis Solutions was founded in 2017 and is based in Richmond, Virginia.
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Buyer Overview 1

Buyer

Rootstock Software

San Ramon, California, United States

Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

Rootstock Software is a cloud manufacturing and supply chain Enterprise Resource Planning (ERP) solution provider. Rootstock Software was established in 2008 and is based in San Ramon, California.


Deal Context for Buyer #
Overall 2 of 2
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 2 of 2
State: Virginia 1 of 1
Country: United States 2 of 2
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-11 Kenandy

Redwood City, California, United States

Kenandy, Inc. is a developer of cloud ERP software for enterprises and businesses. Kenandy, Inc. was founded in 2010 and is based in Redwood City, California

Buy -