How many acquisitions has SPS Commerce made so far?

SPS Commerce has completed 14 acquisitions so far, with an average acquisition amount of $29.7M.

Which countries does SPS Commerce usually acquire in?

SPS Commerce has made acquisitions in 4 countries with the most activity in United States and Australia.

Which sectors does SPS Commerce target for acquisitions?

Most of SPS Commerce's acquisitions are in SCM Software (5) and In Store Retail Tech (3).

In which year did SPS Commerce make the most acquisitions?

SPS Commerce was most active in 2024, with 2 acquisitions completed in that year.

List of 14 Acquisitions by SPS Commerce (Nov 2026)

Q: Which is SPS Commerce's latest acquisition?

SPS Commerce's most recent acquisition is Carbon6, a Provider of revenue recovery and advertising solutions for online retailers, acquired in January 2025.

Most viewed in 2019

SPS Commerce has made a total of 14 acquisitions. These transactions span 4 countries—United States, Australia, Canada, and one additional nation—and 7 sectors, primarily SCM Software, In Store Retail Tech, and E-Commerce Enablers. Activity peaked in 2022, 2023, and 2024, with 2 acquisitions in each of those years. Between 2020 and 2025, the average number of acquisitions per year was 1.6, and 0 acquisitions have been completed in the current calendar year. The most recent acquisition is Carbon6, a New York City-based provider of revenue recovery and advertising solutions for online retailers founded in 2021; this transaction was finalized in January 2025.

Here's the year on year acquisition history of SPS Commerce:

Number of Total Acquisitions

Year	# Acquisitions
2025	1
2024	2
2023	2
2022	2
2021	1
2020	1
2018	1
2016	2
2014	1
2006	1

View all Acquisitions by SPS Commerce

Recent acquisitions by SPS Commerce

SPS Commerce's most recent acquisition - Carbon6 is a Provider of revenue recovery and advertising solutions for online retailers, founded in 2021 and located in New York City. SPS Commerce acquired it in January 2025 for a price of $*****.

Here is the list of all acquisitions by SPS Commerce sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Jan 02, 2025	Carbon6	vmtk	ggxf	27	701
Aug 01, 2024	SupplyPike	dndf	sucg	47	416
May 09, 2024	Traverse Systems	{ilv	loyo	92	426
Sep 26, 2023	The Order Exchange	uarb	gnnn	79	987
Sep 13, 2023	TIE Kinetix	vrdm	pkne	93	654

View the full list of acquisitions

View all Acquisitions by SPS Commerce

Acquisitions by SPS Commerce

List of SPS Commerce's Acquisitions

Recent acquisitions by SPS Commerce

FAQs about Acquisitions by SPS Commerce