Spending management company Fraxion acquires Yellow Dog Software
Summary
Fraxion has acquired Yellow Dog Software to extend its spend management platform into inventory management. Yellow Dog serves hospitality, sports, food and beverage, and retail customers with inventory software. The deal keeps Yellow Dog operating from Norfolk, Virginia, and the company has 67 employees. Fraxion says the acquisition gives customers better visibility into how purchasing decisions affect downstream operations. The company previously expanded through a merger with eRequester and an earlier acquisition of Centreviews.
AskAI Classifications
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Functions
Procurement and Purchasing
Developer and IT Infrastructure
Accounting and Taxes
Linked Companies
Fraxion
$1M to $5M