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Announced

Summit Partners to invest $72m in OneStock.

Synopsis

Summit Partners, a global growth equity investor, agreed to invest $72m in OneStock, a provider of order management systems. "With the proliferation of online and offline sales channels and consumers’ ever-increasing expectations for instant product availability and fulfillment, we believe a modern OMS has become a critical part of the retail supply chain. In our view, OneStock has developed the most intuitive, scalable and differentiated cloud-native OMS solutions, purpose-built to help brands and retailers to plan better, grow faster, sell more and waste less," Steffan Peyer, Summit Partners Managing Director.

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