{"id":46830,"date":"2021-05-27T12:23:00","date_gmt":"2021-05-27T12:23:00","guid":{"rendered":"https:\/\/syndigo.com\/?post_type=news&#038;p=46830"},"modified":"2025-11-12T12:17:19","modified_gmt":"2025-11-12T17:17:19","slug":"syndigo-acquires-riversand-expanding-master-data-management","status":"publish","type":"news","link":"https:\/\/syndigo.com\/de\/news\/syndigo-acquires-riversand-expanding-master-data-management\/","title":{"rendered":"Syndigo Acquires Riversand, Expanding Product and Master Data Capabilities for Global Client Base\u202f"},"content":{"rendered":"\n<div class=\"wp-block-group group-spacer is-layout-constrained wp-block-group-is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<p><em><strong>Combined Solution Portfolio Will Offer More\u202fComprehensive\u202fOptions\u202fto Deliver\u202fa Complete Customer\u202fExperience<\/strong><\/em><\/p>\n\n\n\n<p class=\"news-single-date\">CHICAGO, Illinois<br><strong>May 27, 2021<\/strong><\/p>\n\n\n\n<p>Syndigo, a Chicago-based leading SaaS product information and syndication company, and a portfolio company of Summit Partners and The Jordan Company, today announced the acquisition of\u202fRiversand, a leading cloud-native SaaS Master Data Management (MDM) and Product Information Management (PIM) solution provider. Terms of the deal were not disclosed.<\/p>\n\n\n\n<p>The acquisition\u202fexpands\u202fSyndigo\u2019s\u202fposition as\u202fa\u202fglobal provider\u202fof end-to-end solutions for product information,\u202fadding enhanced\u202fPIM\u202fcapabilities\u202fplus\u202fflexible\u202fMDM across multiple domains and systems.\u202fThe acquisition\u202falso\u202fallows\u202fSyndigo\u202fto bring its custom syndication and analytics capabilities to\u202fRiversand\u2019s\u202fclient base, offering a seamless transfer of information across the product ecosystem.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis partnership will open countless opportunities for our clients around the world,\u201d said\u202fSyndigo\u202fCEO Paul Salay. \u201cCombining\u202fRiversand\u2019s\u202fexpertise in MDM\u202fand PIM\u202fwith\u202fSyndigo\u2019s\u202fleading capabilities in enhanced content, syndication and data analytics means more data \u2013 better data \u2013 for all of our clients.\u201d<\/p>\n\n\n\n<p>\u201cBoth organizations strongly believe that for our nearly\u202f14,000\u202fclients to succeed, we must deliver product information solutions that are built to serve brands, retailers and distributors alike,\u201d continued Salay. \u201cOur connectivity and added capabilities between the two solutions will continue to help maximize the speed to market for our clients. We look forward to growing globally together.\u201d<\/p>\n\n\n\n<p>\u201cAs we carefully considered how to help our clients accelerate their growth, we determined that\u202fSyndigo\u202fwas an ideal fit for clients to enhance their entire product information supply chain,\u201d said\u202fRiversand\u202fCo-Founder and CEO Upen Varanasi. \u201cOur clients, employees, and partners make up a team that delivers a wealth and breadth of functionality unmatched in the industry. Together with Syndigo, we will continue to further improve upon the data that flows throughout their various domains and systems.\u201d<\/p>\n\n\n\n<p>\u201cAs we considered the many potential homes for what we have built at Riversand, we immediately determined that Syndigo was an ideal fit for our clients and employees to continue to grow and flourish,\u201d said Riversand Co-Founder and CEO Upen Varanasi. \u201cNot only is Syndigo known for its unique syndication solutions and footprint in the global commerce system, they also share our vision of investment in cloud-native technology that enable flexible product data strategies, bringing retailers and brands together in a two-sided network model.<\/p>\n<\/blockquote>\n\n\n\n<p>Recognized\u202fas a\u202fLeader in the Gartner January 2021 Magic Quadrant for Master Data Management Solutions,\u202fRiversand\u202fhas built a strong partner and alliance network that further complements their technological capabilities\u202fand broadens their global reach.\u202fThe complementary fit of Riversand\u2019s rich offerings with Syndigo will empower clients to deliver more engaging global customer experiences by optimizing product and master data management strategies through an end-to-end solution.<\/p>\n\n\n\n<p>Learn more about the announcement here: <a href=\"https:\/\/syndigo.com\/riversand\/\">https:\/\/syndigo.com\/riversand\/<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-about-syndigo\"><strong>About Syndigo<\/strong><\/h2>\n\n\n\n<p>Syndigo\u202fenables commerce by supporting the efficient transfer of product information through its network of brands and their customers. The company provides descriptive product and nutritional information, images and other digital media, powered by deep analytics to empower engaging brand experiences online and in store. Through\u202fSyndigo\u2019s\u202fintegrated platform, Content Experience Hub, clients can publish, manage, syndicate and audit product content across the largest trading network of brands and recipients in the world.<br>Syndigo\u202fserves more than\u202f14,000 manufacturers and 1,750\u202fretailers and\u202fdistributors globally in many important consumer industries\u202fincluding\u202fgrocery, foodservice, hardlines, home improvement\/DIY, pet, health and beauty, automotive, apparel, and healthcare products.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-about-riversand\"><strong>About Riversand<\/strong><\/h3>\n\n\n\n<p>Riversand\u202fprovides a Master Data Experience Platform (MDxP), enabling customers to leverage their data through intelligent insights, automation, and multi-domain SaaS solutions.\u202fRiversand\u2019s\u202fMDxP\u202fplatform is the engine that powers customers\u2019 digital transformation journeys through improved business agility, faster adoption and improved collaboration across the enterprise. Driving data to experiences and insights,\u202fRiversand\u202fhas a vision of helping companies know their customers better, move products faster, automate processes, mitigate risk and run their businesses smarter. Visit\u202f<a href=\"https:\/\/www.riversand.com\/\">https:\/\/www.riversand.com\/<\/a>\u202ffor more information and follow @RiversandMDM on Twitter and\u202fRiversand\u202fon LinkedIn.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-about-summit-partners\"><strong>About Summit Partners<\/strong><\/h2>\n\n\n\n<p>Founded in 1984, Summit Partners is a global alternative investment firm that is currently managing more than $23 billion in capital dedicated to growth equity, fixed income and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 500 companies in technology, healthcare and other growth industries. These companies have completed more than 160 public equity offerings, and more than 200 have been acquired through strategic mergers and sales. Summit has partnered with more than two dozen companies across the e-commerce and consumer landscape, including\u202fBrooklinen,\u202fKlaviyo,\u202fSolo Stove,\u202fPhilz\u202fCoffee, Quay Eyewear, Reverb.com,\u202fSezane,\u202fTinyPrints,\u202fVeriShip,\u202fMercuryGate, and vente-privee.com. Summit maintains offices in North America and Europe and invests in companies around the world. For more information, please see\u202f<a href=\"http:\/\/www.summitpartners.com\/\">www.summitpartners.com\u202f<\/a>or\u202ffollow on\u202fLinkedIn.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-about-the-jordan-company\"><strong>About The Jordan Company<\/strong><\/h2>\n\n\n\n<p>TJC (<a href=\"http:\/\/www.thejordancompany.com\/\">www.thejordancompany.com<\/a>), founded in 1982, is a middle-market private equity firm that has managed funds with original capital commitments in excess of $11 billion since 1987 and a 38-year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Industrials, Transportation &amp; Logistics, Healthcare &amp; Consumer, and Telecom, Technology &amp; Utilities. The senior investment team has been investing together for over 20 years and is supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. Headquartered in New York, TJC also has an office in Chicago.<\/p>\n\n\n\n<p><em>In the United States of America, Summit Partners operates as an SEC-registered investment advisor. In the United Kingdom, this document is issued by Summit Partners LLP, a firm authorized and regulated by the Financial Conduct Authority. Summit Partners LLP is a limited liability partnership registered in England and Wales with registered number OC388179 and its registered office is at 11-12 Hanover Square, London, W1S 1JJ, UK. This document is intended solely to provide information regarding Summit Partners\u2019 potential financing capabilities for prospective portfolio companies.\u202f<\/em><\/p>\n\n\n\n<p><strong>Media\/Press Contact\u202f<\/strong><br>Patrick Niersbach, Senior Vice President, Marketing<br>patrick.niersbach@syndigo.com<br>312.766.7416<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Syndigo acquires Riversand, enhancing its product information and master data management solutions for global clients. <\/p>\n","protected":false},"author":2,"featured_media":46831,"comment_status":"closed","ping_status":"closed","template":"","news-type":[],"class_list":["post-46830","news","type-news","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.8 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Syndigo Acquires Riversand<\/title>\n<meta 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