Audax-backed Jitterbit acquires eBridge Connections

Jitterbit, which is backed by Audax Private Equity, has acquired Ontario-based eBridge Connections, an integration platform as a service and EDI provider focused on ecommerce.

Jitterbit, which is backed by Audax Private Equity, has acquired Burlington, Ontario-based eBridge Connections, an integration platform-as-a-service and EDI provider focused on e-commerce. No financial terms were disclosed. Almaeda, California-based Jitterbit is an API integration platform.

PRESS RELEASE

Audax Private Equity portfolio company, Jitterbit, acquires eBridge Connections

The Company
Headquartered in Ontario, Canada, eBridge Connections (“eBridge”) is a leading integration platform as a service (“iPaaS”) and EDI provider focused on the e-commerce market.

The Deal
Jitterbit, Inc. (“Jitterbit”), a portfolio company of Audax Private Equity (“Audax”), has completed the acquisition of eBridge. eBridge will help expand Jitterbit’s iPaaS offering and add EDI capabilities to the Jitterbit platform. This transaction represents Jitterbit’s first acquisition under Audax ownership.

The Thesis
In November 2020, Audax partnered with Jitterbit, a SaaS based iPaaS provider serving industrial, consumer, business services, financial, and other end markets. Audax will continue to work with the Jitterbit management team to drive further organic growth and help accelerate the company’s acquisition strategy to expand its capabilities in the broader integration, IT automation, and workflow markets.