Tredence Inc., a data science and AI engineering firm, has completed the purchase of buying group and rebate management platform from Exactus.

The buyout of the assets completes a five-year partnership between the two firms where they focused on increasing transparency and driving value for clients through data and actionable analytics. Going forward, Tredence will provide resources and expertise to digitize firm’s rebate workflow to ensure visibility, access to data and more.

“We are excited for Tredence to continue to build the rebate platform leveraging AI and data science and drive value for clients through last-mile analytics,”said Exactus CEO and managing partner, Thomas Lebamoff. “Tredence brings rigor to the entire ecosystem with AI-powered automation and intelligence and I am confident our customers will have seamless transition.”