Alpine Software Group, a portfolio company of Alpine Investors focused on buying and building software-as-a-service (SaaS) companies, has purchased ThinkLP, a provider of loss prevention and safety case, audit and analytics management software.

Founded in 2013 by Doug Treleaven, ThinkLP is a SaaS company focused on the retail loss prevention space. Headquartered in Waterloo, Ontario, Canada, ThinkLP offers loss prevention software to retailers globally, working to help its clients manage incidents, conduct audits and reduce inventory shrink with AI-powered analytics. Following the acquisition, Doug Treleaven will transition out of day-to-day operations and Spencer Marzouk will become CEO.

BDO Capital Advisors LLC served as financial advisor and Cassels Brock & Blackwell LLP acted as legal counsel to ThinkLP. Willkie Farr & Gallagher LLP and Fasken served as legal counsel to ASG.