LAWFUEL – The Law News Network – Faegre & Benson LLP represented SPS Commerce, Inc. in connection with its recent acquisition of Owens Direct, LLC. Andrew Humphrey, Jonathan Zimmerman and Mark Pihlstrom led the Faegre team.
SPS Commerce, the leader in hosted Electronic Data Interchange (EDI) software, recently announced the acquisition of Owens Direct, a privately-held EDI service based in Lexington, Kentucky. The acquisition expands SPS’ current operations and hosted services to include hundreds of new electronic connections to retailers, knowledgeable EDI and business process experts, and strong customer relationships representing a broad range of industries including grocery.
“We are pleased to welcome all of Owens Direct’s staff and their customers to SPS Commerce,” said Archie Black, president and chief executive officer at SPS Commerce. “Both companies were built with the mission of providing organizations a reliable and cost-effective alternative to internal EDI software applications. This synergy ensures a smooth transition for Owens’ staff, customers and partners with no or minimal impact on their everyday operations and contacts. Together, we are looking forward to providing our customers with another year of hassle-free EDI.”
About SPS Commerce, Inc.
SPS Commerce is the leader in hosted Electronic Data Interchange (EDI) software. It offers a rapid, turn-key service to connect suppliers with their retail and distributor customers using tested and proven EDI connections and integration services. SPS Commerce is a private corporation.