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SPS Commerce, Inc. announced the acquisition of Traverse Systems, a SaaS platform, for $25 million in cash and $4.3 million in stock. The acquisition aims to enhance supply chain performance and optimization for retailers and suppliers. Traverse Systems provides solutions for scorecarding, vendor performance management, and improving collaboration between trading partners. The company expects revenue increases of $600,000 for Q2 2024, $2.9 million for FY 2024, and $5 million for FY 2025. Adjusted EBITDA is expected to be negatively impacted by $200,000 for Q2 2024 and breakeven for FY 2024, with $1.5 million for FY 2025. The acquisition details will be further disclosed during the Q2 2024 earnings release in July 2024.