Divestiture • Software

Tecsys Acquires Pivotree - Warehouse Management System Assets

On May 1, 2025, Tecsys acquired software company Pivotree - Warehouse Management System Assets from Pivotree for 3M CAD

Acquisition Context
  • This is Tecsys’ 2nd transaction in the Software sector.
  • This is Tecsys’ 2nd largest (disclosed) transaction.
  • This is Tecsys’ 4th transaction in Canada.
  • This is Tecsys’ 2nd transaction in Ontario.

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M&A Deal Summary

Date May 1, 2025
Target Pivotree - Warehouse Management System Assets
Sector Software
Buyer(s) Tecsys
Sellers(s) Pivotree
Deal Type Divestiture
Deal Value 3M CAD

Target Company

Pivotree - Warehouse Management System Assets

Mississauga, Ontario, Canada
Pivotree's Warehouse Management System (WMS) Assets include customer contracts and Pivotree’s proprietary Warehouse Management System software. Pivotree's Warehouse Management System (WMS) Assets based in Mississauga, Ontario.
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Buyer Overview 1

Buyer

Tecsys

Montreal, Quebec, Canada

Category Company
Founded 1983
Sector Software
Employees514
Revenue 176M CAD (2025)
DESCRIPTION

Tecsys is an industry supply chain management software company providing powerful warehouse management, distribution management. TECSYS was founded in 1983 and is based in Montreal, Quebec.


Deal Context for Buyer #
Overall 5 of 5
Sector: Software 2 of 2
Type: Divestiture 2 of 2
State: Ontario 2 of 2
Country: Canada 4 of 4
Year: 2025 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-01 PCSYS

Glostrup, Denmark

PCSYS is a provider of warehouse and logistics management solutions, including hardware and service installation and integration. PCSYS was founded in 1994 and is based in Glostrup, Denmark.

Buy -

Seller Profile 1

SELLER

Pivotree

Mississauga, Ontario, Canada

Category Company
Founded 1998
Sector Information Technology
Revenue 78M CAD (2024)
DESCRIPTION

Pivotree is a provider of frictionless commerce solutions with expertise in eCommerce, MDM, Cloud, Cybersecurity, and Supply Chain solutions. The company is an end-to-end vendor supporting clients from strategy, platform selection, deployment, and hosting through to ongoing support. It operates as a single expert resource to help companies adapt relentlessly in an ever-changing digital commerce landscape. Pivotree was founded in 1998 and is based in Mississauga, Ontario.


Deal Context for Seller #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2025 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Codifyd

Chicago, Illinois, United States

Codifyd is an end-to-end digital solutions provider, enabling businesses across industries to build and grow digital commerce with a content-first approach through Master Data Management & Product Information Management services, Product Content Management and Digital Commerce solutions. Codifyd is based in Chicago, Illinois.

Buy $12M

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