SPS Commerce, Inc. agreed to acquire Carbon6 Technologies, Inc., a Delaware-based provider of tools for Amazon sellers, for $210 million USD (approximately CAD 283.5 million) on December 30, 2024. The deal included 40% stock consideration and relied on Canadian securities law exemptions, highlighting operations in Canada. The acquisition strengthened SPS’s revenue recovery and invoice management capabilities, adding $40 million USD (approximately CAD 54 million) in projected 2025 revenue.

Legal advisors were Davies Ward Phillips & Vineberg LLP and Faegre Drinker Biddle & Reath LLP for SPS Commerce, and Patterson Belknap Webb & Tyler LLP for Carbon6.