SPS Commerce

SPS Commerce, Inc. is a technology and application software company based in the United States that provides cloud-based supply chain management software.^[6] The company's headquarters are located in Minneapolis, Minnesota,^[7] but it also has a US office in New Jersey, and international locations in Amsterdam, Beijing, Breukelen, Hong Kong, Kyiv, Melbourne, Montpellier, Sydney, and Toronto.^[8]

SPS Commerce, Inc.

Company type	Public
Traded as	Nasdaq: SPSC S&P 600 Component
Industry	Technology – application software
Founded	1987; 38 years ago (1987)
Founder	Gary W Anderson[citation needed]
Headquarters	Minneapolis, Minnesota , United States
Key people	Chad Collins (CEO executive chairman)[1] Kimberly K. Nelson[2] (Chief Financial Officer, and Principal Accounting Officer) Jamie Thingelstad[3] (CTO) Dan Juckniess (EVP) | (CRO) Mike Svatek (CPO) Erica Koenig (SVP) | (CHRO)
Services	Supply chain management solutions,[buzzword] EDI
Revenue	$536.9 million (2023)[4]
Number of employees	2,489 (2023)[5]
Website	www.spscommerce.com

History

The company was founded in 1987; 38 years ago (1987),^[9] under the name St. Paul Software.^[10] In 2000, the company sold its software business to Netherlands-based TIE Commerce.^[11] After the sale, the company primarily offered internet-based business-to-business (B2B) exchanges for retailers and manufacturers.^[12] St. Paul Software was renamed SPS Commerce in May 2001.^[13] SPS Commerce went public in April 2010 when it debuted on the NASDAQ global market.^[14]

Acquisitions:

• 2011: acquired San Diego–based EDI services company Direct EDI for $10.9 million, adding 40 employees in a San Diego office and a development group in Ukraine.^[15]
• 2012: purchased New Jersey–based data analytics firm Edifice for $26M^[16]
• 2014: $14.9M acquisition of LeadTec, an EDI provider headquartered in Melbourne, Australia.^[17]
• 2016: $23M acquisition of ToolBox Solutions ^[18]
• 2018: $23M acquisition of CovalentWorks^[19]
• 2019: $11.5M acquisition of long-term technology partner MAPADOC^{[citation needed]}
• 2020: $100M acquisition of Data Masons^[20]
• 2021: $17M acquisition of Genius Central^{[citation needed][21]}
• 2022: $45M acquisition of GCommerce^{[citation needed][22]}
• 2022: $49M acquisition of InterTrade^[23]
• 2023: €64.5M acquisition of TIE Kinetix^[24]
• 2024: $25M acquisition of Traverse Systems^[25]
• 2024: $206M acquisition of SupplyPike^[26]
• 2025: $210M acquisition of Carbon6