Mergers & Acquisitions

Carbon6 Acquired by SPS Commerce

6526 Carbon6 NT SP

M&A Engagement Overview

Industry Groups: Technology, Consumer, Business Services
Areas of Focus: E-Commerce, Office of the CFO, Supply Chain

Harris Williams advised Carbon6, a leading provider of software tools to Amazon sellers, including specialized revenue recovery solutions for both first-party and third-party sellers, on their sale to SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services.

The combination of Carbon6 and SPS Commerce will create a comprehensive omnichannel platform that provides best-in-class revenue recovery, deduction, and compliance solutions for the combined customer base, unlocking powerful synergies and growth opportunities in a massive and rapidly expanding market. We are truly excited for the opportunity ahead of the combined business.

Whether selling to Amazon as a first-party seller or through Amazon’s marketplace as a third-party seller, there are specific and complex supply chain processes sellers must adopt to maximize revenue on each order they fulfill through the platform. To simplify this, Carbon6 offers ChargeGuard, a solution that helps first-party sellers manage invoice deductions by automating the dispute process, and Seller Investigators, a solution that helps third-party sellers recover lost revenue occurring from fulfillment errors.

E-commerce marketplaces represent a massive and complex industry that is underpinned by sustainable demand drivers. Increasing efficiency and maximizing profitability are strategic imperatives for sellers, but the path is complex and requires specialized tools. Sellers rely on Carbon6 to navigate these challenges, which makes the company especially attractive to SPS Commerce.

Contact the Harris Williams Technology Group, Consumer Group, or Business Services Group to learn more about this client engagement.

Harris Williams is a global investment bank specializing in M&A and private capital advisory services. Clients worldwide rely on us to help unlock value in their business and turn ambitious goals into reality. We approach every engagement with boundless collaboration, pooling expertise and relationships across industries and geographies. For over 30 years, our clients have trusted us to think strategically, execute precisely, and deliver superior outcomes to help them grow.


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