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Synopsis
Springcoast Capital Partners, a growth equity firm, completed a $180m investment in Cart.com, a provider of unified commerce and logistics solutions. “This investment will strengthen our balance sheet and provide us with the flexibility to accelerate our strategic priorities. We’ve built a platform that combines commerce software with a scaled logistics network, and we’re just getting started. With long-term capital and aligned partners, we believe we can accelerate innovation across our platform, expand our AI capabilities, continue improving automation across our operations, and pursue sustainable profitability as we grow,” Omair Tariq, Cart.com Chief Executive Officer.
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