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mdf commerce inc. enters into share purchase agreement with SPS Commerce, Inc. and closes sale of its subsidiary InterTrade Systems Inc.

Date Closed

October 4, 2022

Lead Office

Montréal

Value

65.80 Million CAD

On October 5, 2022, mdf commerce inc. announced it entered into a share purchase agreement with SPS Commerce, Inc., and concurrently closed the transaction for the sale of its wholly owned subsidiary InterTrade Systems Inc. for C$65.8 million.

mdf commcerce inc. provides SaaS solutions with the goal of optimizing commercial interactions between buyers and sellers.

McCarthy Tétrault advised mdf commerce inc. with a team led by Hadrien Montagne and Vincent Laurin that included Grégory Morin-Maltais, Stéphanie Blouin and Javeria Qureshi (Business), Christian Meighen and Geneviève Favreau (Tax), Véronique Wattiez-Larose (Intellectual Property) and Alexandre Buswell (Labour and Employment).

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