E2 Open has acquired Shea Ventures-backed business planning software producer Steelwedge, which had raised about $52m in funding, in an all-share deal.

Supply chain management company E2open acquired US-based business planning software provider Steelwedge yesterday in an all-share deal that gave property developer JF Shea an exit.

Founded in 2000, Steelwedge has built a software platform that combines elements including product, sales, supply and demand, strategy, operations and finances in a single place, enabling businesses to put together plans spanning multiple markets.

E2Open provides software that helps companies operate their supply chain networks, giving them detailed data and insights and allowing them…