San Francisco-based digital freight startup, Flexport, has made a significant move in the logistics industry by acquiring Convoy, a Seattle-based trucking startup, according to media reports Wednesday (Nov. 1). This acquisition comes after Convoy recently announced the closure of its business due to financial difficulties...
Customer relationship management platform HubSpot is acquiring B2B intelligence firm Clearbit. This move aims to enhance HubSpot’s customer intelligence capabilities and enable its clients to grow with industry-leading insights, HubSpot said in a Wednesday (Nov. 1) press release. HubSpot said its artificial intelligence (AI)-driven platform is built on...
Nayax, a global commerce enablement payments and loyalty platform, has entered into a definitive agreement to acquire retail point of sale (POS) software firm Retail Pro International. This acquisition will significantly expand Nayax’s global reach in attended retail and enhance its distribution network by tripling the...
Marketing communications company Omnicom has acquired eCommerce firm Flywheel Digital for $835 million. The company says the net-cash purchase, announced Monday (Oct. 30), allows Omnicom to expand its footprint in the digital commerce and retail media sectors. In a news release, John Wren, Omnicom’s CEO...
WEX, a global commerce platform, has signed a definitive agreement to acquire Payzer, a cloud-based field service management software provider. This move is in line with WEX’s growth strategy of expanding its product suite and creating cross-sell opportunities, the company said in a Thursday (Oct. 26) press...
Enterprise-level digital transformation is no longer just a buzzword; it’s a strategic imperative. To get a sense of where the ongoing and transformative shift is heading, one just needs to take a look at the marketplace. Databricks, a $43 billion open analytics platform for data...
The sale of car insurance industry software firm CCC Intelligent Solutions is reportedly in limbo. According to published reports Tuesday (Oct. 24), sources familiar with the matter say CCC owner Advent International, a private equity firm, halted the proceedings after parties couldn’t agree on a price. Bain Capital, which —...
Private equity firms Blackstone and Permira are reportedly reconsidering their potential acquisition of Oslo-based online classifieds company Adevinta. The potential deal, which would have been one of the year’s biggest buyouts, is being taken back to the investment committees of the firms for further discussion, Bloomberg reported Sunday (Oct. 22), citing...
Airwallex, a global payments and financial platform for businesses, has announced a deal to acquire MexPago, a Mexico-based payment service provider. This acquisition marks Airwallex’s entry into the Latin American market, unlocking opportunities for businesses in Mexico to operate globally and for international companies to establish...
