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Descartes Expands Suite with Sellercloud

[ October 25, 2024   //   ]

Descartes Systems Group, a leading provider of on-demand, software-as-a-service solutions, said it has acquired Sellercloud, a provider of omnichannel ecommerce solutions.
New-Jersey-based Sellercloud supports small and mid-market retailers, distributors, wholesalers, and manufacturers. Its Inventory Management Solutions and Order Management Solutions (IMS/OMS) help customers synchronize, plan and manage inventory levels across multiple sales channels.
In addition, Sellercloud helps product sellers orchestrate the fulfillment process from routing orders to the right warehouse to enabling warehouse staff to better manage order picking, packing, shipping, and returns.
Descartes, based in Waterloo, Ontario, Canada, acquired Sellercloud for about US $110 million satisfied from cash on hand, plus additional potential performance-based consideration. The all-cash performance-based earn-out is capped at US$20 million, based on the combined business achieving revenue-based targets in each of the first two years post-acquisition. Any earn-out is expected to be paid in fiscal 2026 and fiscal 2027.
“Sellercloud expands our product suite with advanced inventory and order management capabilities that our customers have been asking for,” said Mikel Richardson, general manager of ecommerce at Descartes. “When combined with Descartes’ existing ecommerce shipping, fulfilment and warehouse management solutions, we believe the result is a truly differentiated offering to manage the full lifecycle of domestic and cross-border ecommerce shipments.”
“Sellercloud directly complements our ecommerce investments in XPS, ShipRush, pixi, and Peoplevox, and we’re excited to welcome the Sellercloud employees, customers and partners into the Descartes family,” said Edward J. Ryan, Descartes’ CEO.

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