SupplyPike, an automated invoice deduction management and prevention solution was acquired by retail supply chain cloud services provider SPS Commerce to expand its product portfolio with automated invoice deduction management and prevention.

POS firm Revel Systems was scooped up for $250M by its rival Shift4 Payments, planning to incorporate Revel’s POS capabilities into its SkyTab payments system.

In the food delivery space, Delivery Hero sold its restaurant delivery service in Taiwan Foodpanda for $950M to delivery platform Uber Eats to expand in the Asian market.

Among large deals throughout September 2024 was a megadeal, as Ryan Reynolds-backed transaction processing platform Nuvei was pocketed for $6.3B at 5.3 times revenue by PE firm Advent. 

Also in August, AI-powered retail analytics platform Junglytics was bought by e-commerce software aggregator Carbon6 to provide online sellers with a data-driven decision-making tool.

In August, retail POS software vendor PredictSpring was acquired by Salesforce to provide a unified omnichannel platform spanning digital and physical channels.

Other noteworthy deals included e-commerce management platform ChannelApe getting purchased by Shopify in July, adding strength to its inventory management software.