SPS Commerce makes $100 million acquisition of EDI vendor Data Masons
December 18 2020
Retail cloud services vendor SPS Commerce is acquiring EDI vendor Data Masons, the company announced on Thursday.
SPS will pay $100 million cash for full ownership of the Florida-based EDI vendor. According to the SPS Commerce announcement, Data Masons will deliver $20 million in revenue and $3 million in adjusted EBITDA in fiscal 2021, and $5 million in EBITDA in 2022.
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