Acquisition Opportunity Since CovalentWorks was acquired by SPS Commerce for approximately $23 million in 2018, there may be potential to explore further integration or expansion within SPS's portfolio, offering complementary IT services and solutions.

Small-Scale Operations With an employee count of 11 to 50, CovalentWorks maintains a nimble team, presenting opportunities to upsell scalable IT services, cloud solutions, or consulting packages tailored to smaller, agile businesses.

Tech Stack Leverage Utilizing technologies like MySQL, AdRoll, Cloudflare, and Yoast SEO indicates a focus on e-commerce and digital marketing; targeting similar tech environments could unlock cross-selling opportunities for enhanced platform integrations or marketing automation.

Industry Focus Operating within the IT services and consulting sector, CovalentWorks likely serves clients with digital commerce or marketing needs, creating opportunities to introduce specialized analytics, automation, or cybersecurity solutions aimed at improving client ROI.

Market Positioning Given its small size and recent acquisition, CovalentWorks may be seeking strategic growth and partnerships, making it a promising prospect for collaborative offers, joint ventures, or consulting projects to boost market reach and service offerings.