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Announced

Completed

AppDirect completed the acquisition of Broker Online Exchange.

Synopsis

AppDirect, a B2B commerce platform, completed the acquisition of Broker Online Exchange, a North American retail energy network. Financial terms were not disclosed. "Business is entering a new era where technology alone is not enough, it also needs the infrastructure that powers it. By bringing energy into our marketplace, AppDirect is setting a new standard for how businesses buy and manage the critical services they need to succeed, powered by our advisor and broker community. We believe the future belongs to companies that control the foundation, and we are proud to be the first to take this step," Nicolas Desmarais, AppDirect Chairman and CEO.

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