Kaspien is a leading e-commerce marketplace growth platform.

Channel Key is an award-winning full-service Amazon marketplace consulting agency that has partnered with over 150 brands ranging from SMBs to Fortune 1000 companies.

This acquisition I think is relatively straightforward to understand - most agencies need automation to become more efficient so a services company needing proprietary technology to scale is not hard to understand.  Kaspien raised $50 million over its history and completed a direct NASDAQ listing in 2022.  Given that it’s stock price was near zero, I imagine it was acquired for pocket change.

PR Newswire: Channel Key LLC Acquires Agency Client Assets of Kaspien, Inc.