Announced
Completed
Financials
Sources
Tags
Cross Border
Private
Friendly
Software
Acquisition
Private Equity
Majority
Australia
Completed
software platform
Single Bidder
Synopsis
Rubicon Technology-backed CIN7, a provider of cloud-based inventory management software, completed the acquisition of DEAR Systems, a cloud-based inventory management software platform, and Orderhive, a cloud-based software solution that brings order, shipping and inventory management. Financial terms were not disclosed. “The combination of these three great products covers the full range of product seller needs, immediately creating a significantly larger and fast-growing company with a massive global market opportunity. Together, we will empower product sellers to thrive and accelerate our growth by continuing to do what we each do best, working together to get every customer the best product for their needs, regardless of how they find and engage our combined business," David Leach, Cin7 CEO.
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