Accel-KKR-backed ToolsGroup to acquire the demand management business of Mi9 Retail.

Accel-KKR-backed ToolsGroup, a provider of supply chain planning and optimization software, agreed to acquire the demand management business of Mi9 Retail, an enterprise software provider. Financial terms were not disclosed. "JustEnough and its talented and passionate team in retail are a perfect complement to ToolsGroup service-driven, highly-automated supply chain planning and optimization. Together, we’re equipping retailers with a 360-degree supply chain view that is real-time, predictive and actionable. With our unique production-to-purchase planning engines and expertise, our customers can even more efficiently improve product availability and outperform the competition in managing today’s volatile demand," Joseph Shamir, ToolsGroup CEO.