M&A Deal Summary

Upshop Acquires Itasca Retail

On September 1, 2022, Upshop acquired information technology company Itasca Retail

Acquisition Highlights
  • This is Upshop’s 1st transaction in the Information Technology sector.
  • This is Upshop’s 3rd transaction in the United States.
  • This is Upshop’s 1st transaction in Iowa.

M&A Deal Summary
Date 2022-09-01
Target Itasca Retail
Sector Information Technology
Buyer(s) Upshop
Deal Type Add-on Acquisition

Target

Itasca Retail

West Des Moines, Iowa, United States
Itasca Retail provides retailers merchandise receiving, retail ordering, and inventory optimization and management solutions through its Magic™ Inventory Intelligence and Computer-Generated Ordering application. Itasca Retail was founded in 1998 and is based in West Des Moines, lowa.

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Buyer(S) 1

Buyer

Upshop

Tampa, Florida, United States
Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

Upshop is a provider of a Software as a Service (SaaS) platform designed to streamline forecasting, ordering, production, and inventory optimization processes for food retailers. The unified platform simplifies and enhances associate tasks, fostering smarter and more interconnected operations across fresh, center-aisle, direct store delivery, and eCommerce departments. Upshop was founded in 1989 and is based in Tampa, Florida.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Iowa) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Pinpoint

Madison, Wisconsin, United States

Pinpoint is a provider of software solutions driving operational efficiencies and execution for grocers and other retailers, including the expiration date management platform, Date Check Pro®. Pinpoint was founded in 2011 and is based in Madison, Wisconsin.

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