SPS Commerce makes $100 million acquisition of EDI vendor Data Masons

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Retail cloud services vendor SPS Commerce is acquiring EDI vendor Data Masons, the company announced on Thursday.

SPS will pay $100 million cash for full ownership of the Florida-based EDI vendor. According to the SPS Commerce announcement, Data Masons will deliver $20 million in revenue and $3 million in adjusted EBITDA in fiscal 2021, and $5 million in EBITDA in 2022.