January 2016

SPS Commerce Acquires Toolbox Solutions

North America - United States | North America | North America - Canada

SPS Commerce Inc. acquired 100% of Toolbox Solutions Inc. through a stock purchase. Our firm represented SPS in the purchase.

SPS paid the shareholders of Toolbox Solutions Inc. $18.4 million in cash and $4.5 million in stock. This amount includes $1.1 million of stock that is subject to an earnout and was not issued at closing.

Toolbox Solutions Inc. is based in Ontario, Canada and is in the business of providing point-of-sale analytics and category management services to retailers and consumer packaged good suppliers.

The Faegre Baker Daniels website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Baker Daniels' cookies information for more details.