Announced
Completed
Synopsis
Gryphon Investors-backed Rootstock, a provider of composable cloud ERP solutions built on the Salesforce platform, completed the acquisition of Praxis Solutions, a Salesforce consulting and implementation firm. Financial terms were not disclosed. “Both the acquisition of Praxis and Ohad’s appointment mark major steps in Rootstock’s long-term strategy to lead a new era of ERP innovation. Praxis has been a trusted partner for many years, and integrating their team’s expertise across the Salesforce ecosystem and Rootstock ERP will strengthen our innovation engine and accelerate our ability to deliver measurable value to customers. With Ohad leading our product strategy, we are poised to redefine ERP, making it more intelligent, connected, and adaptable for product companies of the future,” Rick Berger, Rootstock CEO.
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