Announced
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Acquisition
Completed
ecommerce software
Domestic
Friendly
Ireland
E-commerce
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Private Equity
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Synopsis
Cardinal Capital Group, a private equity firm, completed an investment in Luzern eCommerce, a e-commerce platform. Financial terms were not disclosed. “We are delighted to support Luzern’s management team in its ambitious growth plans at a time when more people than ever before are making their purchases online. With half of all online sales taking place on marketplaces such as Amazon, we expect an increasing number of big brands to avail of Luzern’s technology infrastructure and analytics to optimise sales, inventory and margin," John Dolan, Cardinal Capital, Managing Director.
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