K&L Gates Advises Supply Chain Management Solutions Provider TradeBeyond in Acquisition of Pivot88
Lawyers from global law firm K&L Gates LLP have advised TradeBeyond in its acquisition of Pivot88, a SaaS provider of quality, compliance, and traceability solutions to brands and retailers around the world.
This strategic acquisition combines TradeBeyond's solutions in product development, sourcing, and supply chain management with Pivot88's AI-powered functionality and reinforces TradeBeyond's commitment to offering a comprehensive multi-enterprise platform to streamline retail supply chains.
TradeBeyond is a supply chain management solutions provider for private label and branded merchandise. Its CBX platform offers a broad range of SaaS solutions that integrate product development (PLM), sourcing, ordering, quality management, and logistics, and is relied upon to help streamline the efforts of a global supply chain network of over 50,000 retailers and supplier partners.
Pivot88’s turnkey SaaS platform is powered by AI and available in 11 languages, offering diverse compliance, quality testing, and traceability solutions. In addition to managing quality, lab tracking, and inspections, the platform aggregates data to provide real-time actionable insights to help retailers solve supply chain resilience, transparency, and sustainability challenges.
In 2022, K&L Gates also advised TradeBeyond on its fundraising from BPEA EQT, one of Asia’s largest private alternative investment firms and part of global investment organization EQT.
This publication/newsletter is for informational purposes and does not contain or convey legal advice. The information herein should not be used or relied upon in regard to any particular facts or circumstances without first consulting a lawyer. Any views expressed herein are those of the author(s) and not necessarily those of the law firm's clients.