Announced

Accel-KKR-backed Teamcore to acquire Pabis Retail.

Synopsis

Accel-KKR-backed Teamcore, a retail execution technology platform, agreed to acquire Pabis Retail, a business intelligence company. Financial terms were not disclosed. “We are excited to accelerate our growth in Mexico and northern Latin America region with this partnership with the Pabis team. This collaboration combines the strengths of Teamcore’s automated intelligent workflows with Pabis’ robust analytics tool that comes with over 300 retail data integrations. Together, we will serve more than 500 CPGs and retailers in the region with a unique solution that help increase revenues and reduce costs, even in the current challenging retail environment,” Sergio Della Maggiora, Teamcore CEO and Co-Founder.

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