mdf commerce, a firm that enables the flow of commerce, completed the acquisition of Periscope Intermediate, an e-procurement & government bid notification software provider, from Parthenon Capital, a private equity firm. Financial terms were not disclosed. “We’re thrilled to officially welcome all of our colleagues from Periscope to the growing mdf commerce family. This transformative milestone effectively positions mdf commerce as a North American leader for public sector eProcurement, with the ability to fully serve the needs of government agencies as they increase their efforts to digitalize their procurement processes. Our combined strengths will allow us to accelerate growth within a largely untapped market and capitalize on near-term increases in infrastructure investments," Luc Filiatreault, mdf President and CEO.