M&A Advisory
K&L Gates
Full Credential Description
TradeBeyond, a supply chain management solutions provider, faced challenges in enhancing its product development, sourcing, and supply chain management capabilities. To address these issues, TradeBeyond strategically acquired Pivot88, a SaaS provider specializing in quality, compliance, and traceability solutions. This acquisition aimed to integrate Pivot88's AI-powered functionalities with TradeBeyond's existing solutions, thereby reinforcing its commitment to delivering a comprehensive multi-enterprise platform designed to streamline retail supply chains. The integration of Pivot88's technology, which offers compliance, quality testing, and traceability solutions in 11 languages, allows TradeBeyond to better manage quality, lab tracking, and inspections. Additionally, Pivot88's platform aggregates data to provide real-time actionable insights, helping retailers tackle challenges related to supply chain resilience, transparency, and sustainability. This strategic move not only enhances TradeBeyond's service offerings but also positions it to better serve a global network of over 50,000 retailers and supplier partners, ultimately improving operational efficiency and effectiveness in the supply chain management sector.