Cleo Acquires DataTrans Solutions with Tequity's Guidance

Tequity, a leading M&A advisory firm, has facilitated the acquisition of DataTrans Solutions, a cloud-based procurement automation and EDI solutions provider, by Cleo, a global leader in Ecosystem Integration software solutions. The addition of DataTrans will enhance Cleo's capabilities in streamlining procurement and strengthening supplier relationships.

The integration of DTS's technology into Cleo will empower procurement teams to reduce costs and minimize supply chain risks through automation. The acquisition give opportunities for innovation and creation.

DataTrans specializes in EDI, eCommerce, fulfillment, and supply chain automation solutions, while Cleo focuses on ecosystem integration software. Tequity Advisors specializes in driving growth and managing exit strategies for enterprise B2B SaaS, Cloud, and IT companies.