Syndigo, a Chicago-based SaaS product information and syndication company, and a portfolio company of Summit Partners and The Jordan Company, has acquired Riversand, a cloud-native software master data management and product information management service provider.

“This partnership will open countless opportunities for our clients around the world,” said Syndigo CEO Paul Salay. “Combining Riversand’s expertise in MDM and PIM with Syndigo’s leading capabilities in enhanced content, syndication and data analytics means more data – better data – for all of our clients.”

“As we carefully considered how to help our clients accelerate their growth, we determined that Syndigo was an ideal fit for clients to enhance their entire product information supply chain,” said Riversand co-founder and CEO Upen Varanasi. “Our 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.”