On Tuesday, Commercial Integrator reported that D-Tools has acquired Portal.io in a deal for which the terms were not revealed. Although the story called the deal a merger, it almost certainly was an acquisition by D-Tools, the larger of the two companies. D-Tools is majority-owned by Greybull Stewardship, a private equity company headquartered in Jackson, Wyoming. It also recently received a $12 million investment from StellarIQ, another private equity company led by John Heyman, former CEO of SnapOne.
SupplyStream, the online aggregator of industry brands and products data, announced today that it has decided to change its name and business model in a move that they say will more properly align their branding with the reality of their business activities. The change takes place immediately.
