M&A Deal Summary

SPS Commerce Acquires Genius Central

On November 3, 2021, SPS Commerce acquired software company Genius Central for 17M USD

Acquisition Highlights
  • This is SPS Commerce’s 1st transaction in the Software sector.
  • This is SPS Commerce’s 6th largest (disclosed) transaction.
  • This is SPS Commerce’s 3rd transaction in the United States.
  • This is SPS Commerce’s 1st transaction in Florida.

M&A Deal Summary

Date 2021-11-03
Target Genius Central
Sector Software
Buyer(s) SPS Commerce
Deal Type Add-on Acquisition
Deal Value 17M USD

Target

Genius Central

Bradenton, Florida, United States
Genius Central develops software solutions for retailers and suppliers in the natural product industry. Genius Central was founded in 1999 and is based in Bradenton, Florida.

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Buyer(S) 1

Buyer

SPS Commerce

Minneapolis, Minnesota, United States

Category Company
Founded 1987
Sector Internet Software and Services
Employees2,783
Revenue 638M USD (2024)
DESCRIPTION

SPS Commerce is a provider of on-demand supply chain management solutions, providing integration, collaboration, connectivity, visibility and data analytics to thousands of customers worldwide. SPS delivers its solutions over the Internet using a Software-as-a-Service model to improve the way suppliers, retailers, distributors and other customers manage and fulfill orders. SPS Commerce was founded in 1987 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 5 of 13
Sector: Software M&A 1 of 6
Type: Add-on Acquisition M&A Deals 5 of 12
State: Florida M&A 1 of 1
Country: United States M&A 3 of 8
Year: 2021 M&A 1 of 1
Size (of disclosed) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 ToolBox Solutions

Brampton, Ontario, Canada

ToolBox Solutions, Inc. is a provider of point-of-sale analytics and category management services to retailers and consumer packaged goods suppliers in North America.

Buy $18M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-20 GCommerce

Des Moines, Iowa, United States

GCommerce is a cloud-based data exchange platform that automate complex processes like auto parts drop shipping, and reduce friction between trading partners in the automotive parts and accessories aftermarket. GCommerce was founded in 2000 and is based in Des Moines, Iowa.

Buy -