[**Settle acquires Turbine to bring the best of inventory management and costing to more CPG Brands**](https://www.settle.com/blog/settle-acquires-turbine)

Settle has acquired Turbine, a company that shares Settle’s mission to help brands solve their toughest operational challenges. This acquisition marks a significant milestone for Settle as we expand our capabilities to better serve consumer brands looking to scale with efficiency and precision.

Company NewsOctober 1, 20243 min read

[Alek Koenig, CEO and Founder](https://www.settle.com/authors/alek-koenig)

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We’re excited to announce that earlier this year, Settle acquired Turbine, a company that shares Settle’s mission to help brands solve their toughest operational challenges. This acquisition marks a significant milestone for Settle as we expand our capabilities to better serve consumer brands looking to scale with efficiency and precision.

Turbine has spent the last few years focused on solving one of the biggest pain points for brands: managing inventory and cost of goods sold (COGS). By building this platform functionality directly into Settle as a joint team for the last six months, we’re now positioned to elevate the Settle offering in a way that truly reflects our vision for the future: a single, unified platform where brands can seamlessly manage their financial operations alongside their inventory management. This expanded product footprint is the core of today’s product launch.

### Why Turbine?

Our long-term strategy at Settle has always been about empowering brands with the tools they need to manage their businesses more effectively. The acquisition of Turbine continues and strengthens our journey towards this goal, allowing us to offer a more comprehensive solution.

We believe in the power of synergy—and this acquisition is a prime example of how 1 + 1 can truly equal 3. Turbine’s functionality, combined with Settle’s financial management expertise, is already helping brands consolidate their data, streamline workflows, and improve decision-making.

This integration is a game changer. For brands, it means they can now manage everything from vendor payments to inventory forecasting, all in one place. With Turbine’s robust inventory management, sales channel integrations, and ordering capabilities now built into Settle, we’re offering a truly end-to-end solution for omnichannel CPG brands.

### Integration: The Road to Impact

When it came to integrating Turbine into Settle, our focus was on seamless execution. From the outset, both leadership teams were aligned on the most effective way to create value: combining our platforms into one. We didn’t want to disrupt the user experience—instead, we sought to elevate it. I’m happy to say that Turbine’s functionality is live and available on the Settle platform today, fundamentally transforming how our customers manage their operations.

We also brought over Turbine’s product and engineering teams to ensure continuity and leverage their expertise. Emilie Schario, Turbine’s CEO, and her leadership team will continue to play a critical role as we move forward on our product roadmap. Their knowledge is helping us build the future of cash flow and operational management for brands.

### A Seamless Transition for Customers

For Turbine’s customers, this transition is designed to be smooth and supportive. Many are already using Settle, and they’re the first to benefit from this enhanced experience. For those new to Settle, our team is focused on a seamless migration, with all the support needed to help them thrive on the new platform.

At the heart of this acquisition is a shared vision: simplifying complex workflows and providing brands with the tools they need to focus on what really matters—growth and innovation.

### Looking Ahead

This acquisition reinforces Settle’s commitment to evolving alongside our customers’ needs. We’re excited to continue leading the charge as the go-to platform for brands seeking to brands operate more efficiently across procurement, inventory, supply chain, and accounting.

As we integrate and innovate together, we’re doubling down on our commitment to help every brand we have the privilege of serving.

Look out for what’s next, and an emphatic welcome to our new Turbine team.

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