Announced
Completed
Financials
Tags
Cross Border
United States
Majority
Private
Payments / Commerce
Single Bidder
Acquisition
Friendly
ecommerce
Completed
Synopsis
ESW, a direct-to-consumer ecommerce company, completed the acquisition of Scalefast, an ecommerce-as-a-service solutions provider, from Benhamou and Stereo Capital, investment firms. Financial terms were not disclosed. “We are very excited to begin to accelerate the combined companies’ growth as we welcome the Scalefast team to ESW. In a rapidly evolving market, this new, combined entity increases our ability to execute on a bold vision as a partner to brands at every stage of their DTC ecommerce journey. Our commitment to deliver frictionless DTC ecommerce, sustainably, everywhere remains unchanged," Tommy Kelly, ESW Founder & CEO.
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