SPS Commerce completed the acquisition of InterTrade from mdf commerce for $49m.

SPS Commerce, a retail network, completed the acquisition of InterTrade, a p provider of technical solutions for product, information and transaction data exchange between retailers and suppliers, from mdf commerce, a SaaS provider of digital commerce technologies, for $49m. “We are thankful for the hard work and dedication on the part of InterTrade employees, who built this business and its envious reputation over the years. As a world-leading retail network connecting trading partners around the globe, SPS commerce represents a perfect fit to bring this business to the next level and to provide even more value to customers. This sale also fits well with our strategic goal of adding focus and investing in our two core platforms, eprocurement and ecommerce. The received consideration will allow the Corporation to improve its balance sheet and create near-term shareholder value within mdf commerce," Luc Filiatreault, mdf commerce CEO.