New Jersey-based Sellercloud provides omnichannel e-commerce services to more than 1,000 merchants, distributors, wholesalers and manufacturers. The company’s platform is designed to help users manage product across multiple sales channels, including the fulfillment process. It executes more than 150 million orders valued at over $15 billion annually.

Descartes Systems Group announced the acquisition of inventory and order management platform Sellercloud for $110M, which includes up to an additional $20M performance-based earnout based on revenue-based targets in the next two years post-acquisition. This is the fifth acquisition that Descartes has made in 2024, as the company has added additional e-commerce logistics solutions to its offering. Growth via acquisition?

GlobeNewswire: Descartes Acquires Sellercloud