Announced
Completed
Synopsis
Longshore Capital Partners, an investment firm, completed the acquisition of DemandTec, a pioneer in AI-powered pricing, promotions, markdown optimization, and retail-CPG collaboration., from Acoustic, a software company providing AI-driven marketing and customer engagement solutions. Financial terms were not disclosed. "DemandTec has a 25-year track record of helping retailers and brands drive profitable, data-driven growth. As an independent company backed by Longshore, we'll move even faster-advancing self-optimizing AI, improving predictive accuracy, and delivering higher ROI across pricing, promotions, markdowns, and trade collaboration," Jack Tirella, DemandTec CEO.
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