Add-on acquisition Sep 2004
Prophet 21 acquires Trade Service Systems from TradePower
Software provider Prophet 21 acquired Trade Service Systems Inc., the electrical distributors division of TradePower, expanding its electrical-distributor customer base to more than 600. This is a software/division carve-out, not a trades roll-up.
“Prophet 21, a technology provider for durable goods distributors, announced the acquisition of Trade Service Systems Inc., the electrical distributors division of TradePower, parent company of Estimation Inc.”
Entities
Prophet 21 · Acquirer Trade Service Systems Inc. · Target TradePower · Parent
Other
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.