Körber acquires HighJump – a leading US-American supply chain and cloud solutions specialist

Investment Type

Körber acquires HighJump – a leading US-American supply chain and cloud solutions specialist

ACCEL KKR | Aug 30, 2017

Hamburg/Minneapolis – International technology group Körber reinforces its Business Area Logistics Systems with the acquisition of the US-American supply chain software specialists HighJump. The acquisition has been completed with effect from August 28, 2017, after receiving approval from the relevant antitrust authorities.

HighJump specializes in the development of software solutions for supply chain management (SCM). The company is headquartered in Minneapolis, USA. HighJump has additional operations in Canada, the United Kingdom, Australia, and China. HighJump serves over 4,000 customers across the retail, consumer products, automotive, aerospace, pharmaceutical and food/beverage industries.

HighJump has developed a cloud-ready underlying technology platform called the “HighJump One Platform” which is consistently recognized for being one of the industry’s most flexible and adaptable supply chain software platforms. On top of this technology platform the company offers globally leading software applications that provide customers with an integrated view of their entire supply chain: from warehouse management and intralogistics to transport management. The platform enables consistent visibility of all goods flows, with excellent adaptability, and the synchronization of business processes across all channels.

With the acquisition of HighJump and the software companies Inconso, DMLogic and Aberle Software, which already belong to the Körber Group, the Group underlines its claim to be the technology leader in the SCM software segment. “With the acquisition of HighJump we are really putting down a marker in the sector as we are taking a leading international position in the areas of supply chain management and cloud solutions,” says Stephan Seifert, Chairman of the Group Executive Board at Körber AG. “We want to be the go-to company worldwide for our customers when it comes to providing support for their successful business development. With its experienced team of experts and its broad customer base HighJump will strengthen our long-term internationalization and growth trajectory. At the same time we are establishing another competence center in the important North American market. In this process, the expertise and experience of our new colleagues will support our group-wide digitization initiatives through mutual exchange within the Group,” emphasizes Seifert.

“Only recently, with the acquisition of the US-American logistics software specialists DMLogic, we already gained an important partner for our Business Area,” says Hubert Kloß, CEO of the Business Area Logistics Systems. “With our new HighJump colleagues on board, we now have a very solid basis, both in Europe and the USA, to continue our dynamic growth rapidly and successfully. The company will be integrated into the Business Unit Software within our Business Area and is another perfect addition to our portfolio.”

“Körber AG will be a tremendous long-term strategic and financial partner for HighJump,” says Chad Collins, CEO of HighJump. “The leaders from Körber demonstrated their commitment to customer satisfaction, market leadership through technology and long-term business focus. This is very consistent with HighJump’s business philosophy. We look forward to collaborating with our new colleagues from the Business Area Logistics Systems such as Inconso, Aberle Software and DMLogic and the entire Körber Group to establish a market leading position in this ever-changing supply chain environment.”

The purchase of HighJump will be from its parent company, Accellos Holdings and its primary investor, Accel-KKR, a technology focused investment firm. Both parties agreed not to disclose details of the purchase price. TrueCommerce, a cloud based business-to-business commerce network and former sister company to HighJump will continue to be owned by Accellos Holdings and Accel-KKR.

About Körber
Körber AG is the holding company for an international technology Group with approx. 11,500 employees around the world. The Group comprises leading-edge technology companies and more than 130 production, service, and sales entities. At locations around the globe, Körber combines the benefits of a globally-present organization with the strengths of highly-specialized, flexible, medium-sized enterprises that offer their customers solutions, products, and services in the Business Areas of Automation, Logistics Systems, Machine Tools, Pharma Systems, Tissue, Tobacco and Corporate Ventures.

About HighJump
HighJump is a global provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. With approx. 440 employees worldwide HighJump supports more than 4,000 customers in 66 countries, ranging from SME business to marquee global enterprises. HighJump’s functionally rich and highly adaptable end-to-end solutions efficiently manage customers’ warehousing, manufacturing, transportation, distribution, delivery routes and retail stores.

About Körber Logistics Systems
The Business Area Logistics Systems, belonging to the international technology group Körber and based in Bad Nauheim, Germany, is the leading provider of fully integrated applications for the optimization of complex internal and external logistics processes. Under the umbrella brand Körber Logistics, the Business Area provides digital solutions for smart factories (production logistics), warehouses, e-commerce, and the management of entire supply chains. In three Business Units, the umbrella brand unites the companies Aberle GmbH and Consoveyo S.A. (System Integration), Langhammer GmbH and Riantics A/S (Product Solutions), Inconso AG, Aberle Software GmbH and DMLogic LLC (Software). They offer an extensive range of products and services, from system integration to technologies for storage, palletizing, de-palletizing and conveyor systems, through to software.

About Accel-KKR
Accel-KKR is a technology-focused investment firm with over $4.0 billion in capital commitments. The firm focuses on software and IT-enabled businesses well-positioned for topline and bottom-line growth. At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value through significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including buyout capital, minority-growth investments, and credit alternatives. Accel-KKR also invests across a wide range of transaction types including private company recapitalizations, divisional carve-outs and going-private transactions. Accel-KKR is headquartered in Menlo Park with additional offices in Atlanta and London.

About TrueCommerce
TrueCommerce revolutionizes trading partner connectivity by linking suppliers, retail hubs and end consumers in one global commerce network. TrueCommerce’s Global Commerce Network includes over 92,000 pre-connected retailers, distributors and logistics service providers. With flexible, integrated and fully managed service solutions, customers of any size can easily connect with any trading partner while enjoying the peace of mind of a proven service platform that reliably handles tens of millions of transactions annually without the need for any customer interaction. From the factory to the warehouse, from distributor to retail storefront, customers are able to achieve new levels of business connectivity and performance with the world’s most complete trading partner platform.

Further information is available at www.koerber.de/en, www.koerber-logistics.com/en, www.highjump.com, www.accel-kkr.com, and www.truecommerce.com.

 

Contact partners:

Henriette Viebig
Head of Group Communications
Körber AG
Tel.: +49 40 211 07 422
Mob.: +49 173 66 96 857
E-mail: henriette.viebig@koerber.de

Matthias Mezele
Senior Manager, Group Communications
Körber AG
Tel.: +49 40 211 07 364
Mob.: +49 173 75 19 148
E-mail: matthias.mezele@koerber.de

Heather K. Smith
Communications Specialist
HighJump
Tel.: +1 800 328 3271 ext. 2717
Mob.: +1 605 203 0605
E-mail: heather.smith@highjump.com

For Accel-KKR:
Todd Fogarty
Kekst
Tel.:+ 1 212 521 4854
E-mail: todd.fogarty@kekst.com

HighJump Acquires RedTail Solutions

Investment Type

HighJump Acquires RedTail Solutions

ACCEL KKR | Feb 16, 2017

MINNEAPOLIS, MN – February 16, 2017 — HighJump, a global provider of supply chain network solutions, announced today that it has acquired RedTail Solution, Inc., a leading US provider of managed cloud service solutions for Electronic Data Interchange (EDI) and global data synchronization network (GDSN) to mid-size suppliers and manufacturers. With this acquisition, HighJump TrueCommerce further expands its Global footprint and extends its growing leadership position in the market for trading partner connectivity and omni-channel enablement.

The acquisition fuels HighJump’s TrueCommerce division in North America growth with expanded services and integrations, including such RedTail offerings as AccountMate, Infor VISUAL, Sage BusinessVision Accounting and GDSN services. Furthermore, the addition of RedTail Solutions extends TrueCommerce’s significant scale in the Sage and Microsoft Dynamics segments, complementing and strengthening the company’s strategy aimed at helping suppliers and retailers connect through a fully managed commerce network service.

“This announcement demonstrates HighJump’s continued investment in providing the next generation of trading partner connectivity and collaboration within our global commerce network powered by TrueCommerce,” said Michael Cornell, CEO of HighJump. “We’re excited that RedTail is joining us on this journey and will play a significant role in helping us shape the future of digital commerce.”

RedTail’s offerings are finely tuned for the needs of mid-market businesses which is also a primary market segment for TrueCommerce. The combined companies will continue to deliver the strong technical expertise and core infrastructure that allows SMBs to free up their resources to focus on growing their core business.

“We are thrilled to join HighJump, where we can take advantage of the vast knowledge and infrastructure built in TrueCommerce,” said Bob Gleason, President and CEO of RedTail Solutions Inc. “The combination of TrueCommerce and RedTail will allow us to expand our offerings to help our customers meet today’s omni-channel fulfillment demands even better.”

“Combining forces with RedTail is consistent with our strategy to identify and bring new approaches to omni-channel enablement,” said Nick Manolis, President of TrueCommerce “Bringing on the RedTail portfolio strengthens our capabilities to help our customers connect anywhere and integrate everywhere. I am confident that RedTail customers will greatly benefit from our combined solutions portfolio.”

For more information link to the frequently asked questions (FAQ).

About RedTail
RedTail Solutions delivers Managed Cloud Services for Electronic Data Interchange (EDI) and Global Data Synchronization (GDSN), enabling our customers to optimize trade compliance performance. RedTail’s Managed Services seamlessly integrate with AccountMate, Infor, Microsoft, and Sage ERP systems to accelerate the order to cash cycle, reduce errors and chargebacks, and ensure product data synchronization. Visit http://www.redtailsolutions.com.

About TrueCommerce
TrueCommerce, a HighJump company, revolutionizes trading partner connectivity by linking suppliers, retail hubs and end consumers in one global commerce network.

With our flexible, integrated and fully managed service solutions, customers of any size can easily connect with any trading partner while enjoying the peace of mind of a proven service platform that reliably handles tens of millions of transactions annually without the need for any customer interaction.

From the factory to the warehouse, from distributor to retail storefront, achieve new levels of business connectivity and performance with the world’s most complete trading partner platform.

TrueCommerce: Connect. Integrate. Accelerate.

For more information, visit https://www.truecommerce.com.

About HighJump
In almost every industry, buyers are becoming more fickle, and more demanding. For logistics executives, effectively meeting buyer needs has become a relentless quest for speed and agility. Traditional supply chain solutions – siloed, complex and hard-to-implement – no longer suffice, as competitors find ways to deliver goods faster and more profitably.

In todays “now” economy, HighJump helps you stay agile, with adaptable, connected solutions that harness the power of your trading partner community. From the warehouse to the storefront, from the desktop to the driver’s cab, we can help you achieve new levels of supply chain responsiveness, performance and profitability.

HighJump’s suite of warehouse management, business integration, transportation management and retail/DSD solutions form a complete, powerful and adaptable platform that allow you to drive growth, customer satisfaction and revenue. HighJump: supply chain accelerated.

For more information, visit http://www.highjump.com.
 
Media Contact
Yegor Kuznetsov
HighJump
1-800-328-3271 x2221
yegor.kuznetsov@highjump.com

HighJump Acquires Wesupply

Investment Type

HighJump Acquires Wesupply

ACCEL KKR | Sep 01, 2015

Supply chain solutions provider expands strong European reach of HighJump TrueCommerce

MINNEAPOLIS and COVENTRY UK – SEPT 1, 2015 — HighJump, a global provider of supply chain
management solutions, today announced that it has acquired Wesupply, a United Kingdombased
premier provider of supplier enablement and B2B integration solutions across multiple
industries including retail, building, CPG, energy and manufacturing. With this acquisition,
HighJump further expands its global footprint and extends its growing leadership position in the
market for trading partner connectivity and omni-channel enablement.

Wesupply’s comprehensive electronic trading platform increases HighJump TrueCommerce EDI
Solutions’ global reach to over 10,000 trading partners and 130,000 trading connections. The
acquisition of Wesupply empowers the growth initiative of HighJump TrueCommerce with the
addition of a true multi-tenant SaaS solution that enables quick onboarding of new trading
partners and rapid time-to-value for community members. The addition of Wesupply adds
further to TrueCommerce’s significant scale in Europe and growing international presence.

“With the dynamics of today’s supply chain, retailers around the world are embracing omnichannel
enablement as a top priority to remain profitable while meeting customers’ expectations across channels,” said Michael Cornell, CEO of HighJump. “With the addition of Wesupply’s platform, HighJump TrueCommerce will enhance its global trading network to offer a complete solution for retailers and suppliers, optimizing fulfillment sources and reducing procure-to-pay cycles.”

Wesupply has successfully deployed EDI and e-invoicing solutions to leading UK hubs and
suppliers such as the UK grocer, Sainsbury’s, and builders merchant Saint-Gobain. The company
offers a fully managed service platform complemented by a best of breed application for B2B
message tracking, order fulfillment and invoice processing.

“The combination of Wesupply and HighJump will allow us to further expand our customer
offerings while we continue to bring a unique approach to electronic trading and supplier
onboarding,” said David Grosvenor, CEO of Wesupply. “We are constantly looking for ways to
remove complexity from the supply chain and trading partner relationships. We look forward to
continuing to execute on that vision with the HighJump TrueCommerce team and furthering the
growth of the offering in Europe.”

About Wesupply

Wesupply Limited provides a fully managed and outsourced electronic business-to-business
integration service, using a unique approach that maximises supply chain collaboration
between independent organisations. This approach has consistently helped customers secure
tangible operational cost savings along with improved customer service, since the business was
founded in 1999. Companies across all industries, including Retail, Building, CPG, Energy and
Manufacturing rely on Wesupply to manage business-critical information flows for their
extended supply chain processes. To learn more, visit http://www.wesupply.com.

About HighJump

HighJump is a global provider of supply chain management software and trading partner
network technology that streamlines the flow of inventory and information from supplier to
store shelf. We support more than 15,000 customers in 77 countries, ranging from small
businesses to global enterprises. Our functionally rich and highly adaptable solutions efficiently
manage customers’ warehousing, manufacturing, transportation, distribution, trading partner
integration, delivery routes, retail stores, and eCommerce. For more information, visit
http://www.highjump.com.

HighJump is a trademark of HighJump Software Inc., registered in the U.S. and other countries.
True Commerce is a trademark of True Commerce, Inc., an affiliate of HighJump.

Media Contact
Katie Wolfe
HighJump
1-800-328-3271 x1186
katie.wolfe@highjump.com

HighJump Acquires Nexternal

Investment Type

HighJump Acquires Nexternal

ACCEL KKR | May 26, 2015

Supply chain solutions provider extends omni-channel suite with leading North American eCommerce platform.

MINNEAPOLIS and CARLSBAD – May 26, 2015 — HighJump, a global provider of supply chain management solutions today announced that it has acquired Nexternal, a leading cloud-based eCommerce platform provider based in California.

Nexternal provides an omni-channel commerce platform that serves manufacturers, distributors and retailers.  Nexternal’s platform includes a functionally rich order management system that captures both business-to-business and business-to-consumer orders, via standard and mobile web browsers. Going beyond traditional eCommerce, companies use Nexternal’s commerce platform to run call centers, generate and manage subscription orders, retrieve Amazon marketplace orders, create club orders and receive orders from other systems via its API.  The system acts as the single hub for all pricing, promotions, status and customer care related to the order management lifecycle.

“HighJump continues to build on our strategy of providing end-to-end supply chain solutions built upon a common, adaptable technology platform,” said Michael Cornell, CEO of HighJump. “The acquisition of Nexternal adds important commerce capabilities to further deliver upon HighJump’s omni-channel vision and provides new options for HighJump’s 14,000 global customers.”

“The combination of Nexternal and HighJump will allow us to bring a unique set of technologies to our customers and our markets.  Through its TrueCommerce division, HighJump is currently facilitating B2B transactions via EDI.  For those customers, we can provide a second option – capturing B2B transactions via the web,” said Alex Gile, founder and President of Nexternal.  “Furthermore, currently there is not a single provider of a unified eCommerce platform and warehouse management system.  We look forward to changing that with this combination. I am confident that this combination provides great benefits for our customers, and provides long-term opportunity for our employees. I really could not be more excited to execute on this vision with Michael and his team.”

About Nexternal

Nexternal has been providing its enterprise class eCommerce platform since 2000. Unlike template-based systems, the Nexternal platform maintains the customer’s branding, navigation, and website design throughout the entire shopping experience. The powerful, easy-to-use platform is search engine optimized, mobile-friendly, integrated with social networks, and includes a powerful XML Toolset. To learn more, visit http://www.nexternal.com.  

About HighJump

HighJump is a global provider of supply chain management software and trading partner network technology that streamlines the flow of inventory and information from supplier to store shelf. We support more than 14,000 customers in 77 countries, ranging from small businesses to global enterprises. Our functionally rich and highly adaptable solutions efficiently manage customers’ warehousing, manufacturing, transportation, distribution, trading partner integration, delivery routes and retail stores. For more information, visit http://www.highjump.com.

HighJump and HighJump Software are trademarks of HighJump Software Inc., registered in the U.S. and other countries.

– See more at: http://www.highjump.com/our-company/press-releases/highjump-acquires-nexternal#sthash.Em2LzXZM.dpuf

HighJump Software Acquires Atlas Products International, Expands Global Trading Partner Network in Europe

Investment Type

HighJump Software Acquires Atlas Products International, Expands Global Trading Partner Network in Europe

ACCEL KKR | Jul 16, 2014

Supply chain software provider extends solution suite with European B2B integration and electronic invoicing solutions

MINNEAPOLIS and MANCHESTER UK – July 16, 2014 — HighJump Software, a global provider of supply chain management software, today announced it has acquired Atlas Products International, a United Kingdombased provider of Software as a Service (SaaS)-based business-to-business (B2B) EDI integration, secure data transfer, and e-invoicing solutions.

Atlas is a market leader in EDI and B2B integration with over 2,200 customers in the UK and Ireland. At the center of Atlas’ product line is Atlas Exchange, a secure document exchange providing a “connect-once, access-all” network, securely linking retailers, manufacturers, suppliers and logistics service providers. Atlas B2B integration tools provide transformation and translation of critical business documents on-premise or in the cloud. Atlas also provides a SaaS-based Supplier Portal that synchronizes the trading network’s product catalogues and streamlines the electronic invoice exchange and settlement between members of the network.

“Atlas offers a unique set of solutions that allow companies to more efficiently transact business electronically and compete more effectively in a connected marketplace,” said Michael Cornell, CEO of HighJump Software. “This acquisition extends our global trading partner network, both functionally and geographically, and complements our existing HighJump B2Bi business which leads the market in Denmark and Nordic region of Europe and our TrueCommerce trading partner integration network in North America.”

“This alignment with HighJump provides Atlas tremendous opportunity with additional resources to enhance and market our solutions,” said Allan W. Gray, founder and CEO of Atlas. “Our solutions are complementary with the HighJump Software suite and our customers will find value in the technology platform and additional product offerings provided by HighJump.”

About Atlas Products International

Atlas Products International has built an international reputation as an innovative and results-focused ebusiness solutions company. It specializes in supply chain solutions for EDI and B2B integration and enjoys strong relationships with industry standards bodies, including BASDA and GS1, as well as a wide range of strategic alliances and accreditations. Atlas’ solutions include EDI and B2B integration, secure document exchange network and international award winning SaaS-based supplier portals. For more information, visit http://www.atlasproducts.com.

About HighJump Software Inc.

HighJump Software is a global provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. Functionally rich and highly adaptable HighJump Software solutions support growing and evolving businesses in distribution, food and beverage, 3PL, retail, healthcare, and consumer goods industries.

 

Accellos and HighJump Software Merge, Creating Fulfillment and Networked Trading Partner Management Technology Solutions Leader

Investment Type

Accellos and HighJump Software Merge, Creating Fulfillment and Networked Trading Partner Management Technology Solutions Leader

ACCEL KKR | Jul 07, 2014

COLORADO SPRINGS, Colorado and MINNEAPOLIS, Minnesota – July 7, 2014 – Accellos and HighJump Software, each leading global providers of supply chain management software and trading partner network technology, today announced that they have agreed to merge, creating a market leader with over 11,000 customers in 23 countries with operations in North America, Asia and Europe.    The combination of the two companies creates a product portfolio that is uniquely positioned to meet the advancing needs of retailers, distributors, manufacturers, and logistics service providers to manage complex order fulfillment cycles and collaborate with supply chain partners.   

The combination of Accellos and HighJump brings together a unique set of technologies, including networked trading partner connectivity, warehouse management, transportation management, and route delivery. This creates the opportunity for customers to work with a single technology provider with an adaptable technology backbone for omni‐channel supply chain operations and organizations of all sizes.

The merged company will operate under the name HighJump and continue to use the Accellos brand for midmarket supply chain execution technology.    Accellos founder and CEO Michael Cornell has been appointed CEO.

“Discussions with our customers have made it clear that omni‐channel is a catalyst for rethinking their supply chain and its underlying technology,” said Michael Cornell, CEO of Accellos.    “This combination brings extremely complementary technology to both Accellos and HighJump customers.   Our collective supply chain execution product portfolio is one of the broadest and most adaptable in the industry, and covers the unique needs of large enterprises, 3PLs, and SMBs.  HighJump’s trading partner network is a model for the power of a next generation ‘connect‐once, access‐all’ network that can provide significant value to Accellos customers. Additionally, HighJump and Accellos share a common culture rooted in a relentless focus on developing innovative products and strong customer support.  This focus allowed us to add over 1,100 new customers in 2013 alone.  We think this combination will further allow us to continue to meet and exceed the expectations of our customers and partners in the future.”

The combined company is strongly committed to all the Accellos and HighJump product lines going forward, and current customers’ investments in existing solutions will continue to be protected.    The combined company expects that the convergence of the solution set over time will create significant benefits for customers through innovative software and services that help existing and new customers optimize their supply chains.

This merger was financially sponsored by Accel‐KKR, a leading technology‐focused private equity firm with over $2.5 billion in assets under management and an existing investor in Accellos.    Accel‐KKR focuses exclusively on investments in software and technology companies with strong growth profiles.

About Accellos

Accellos is a global provider of software solutions specifically designed for the unique needs of logistics service providers and midsized businesses. Over 4,000 companies trust Accellos to be the technology backbone of their global supply chains. Accellos provides solutions for warehouse management systems (WMS), third party logistics (3PL), fleet management, transportation management systems (TMS), trading partner integration, retail store operations, automated barcode data collection, parcel shipping, transportation optimization and supply chain business intelligence. Accellos solutions are built on the AccellosOne platform, a modern technology platform featuring a user‐friendly interface and simplified technical administration. For more information, email info@accellos.com or visit www.accellos.com.

About HighJump Software

HighJump Software is a global provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. HighJump Software solutions for distribution and logistics, direct store delivery and mobility, trading partner connectivity, and manufacturing include: warehouse management systems, transportation management systems, route accounting systems, manufacturing execution, mobile sales, the TrueCommerce™ Network Platform. Functionally rich and highly adaptable, HighJump Software solutions support growing and evolving businesses in distribution, food and beverage, 3PL, retail, healthcare and consumer goods industries. For more information, visit www.highjump.com.   

About Accel‐KKR

Accel‐KKR is a technology‐focused private equity firm with over $2.5 billion in assets under management. The firm invests primarily in software and technology‐enabled businesses well positioned for topline and bottom‐line growth. At the core of Accel‐KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value through the significant resources available through the Accel‐KKR network. Accel‐KKR has a particular focus on buyouts and recapitalizations of family‐owned or closely‐held private companies, going‐private transactions and divisional buyouts of larger companies. It invests across a range of structures, functions as minority or majority investors and commits a wide range of capital – from less than $10 million to over $100 million. The firm has offices in Menlo Park, Atlanta, and London.

 

Accellos Acquires PROFITsystems

Investment Type

Accellos Acquires PROFITsystems

ACCEL KKR | Nov 13, 2013

Supply Chain Software Provider Extends Solution Suite with Market Leading Home Goods Retail Software

COLORADO SPRINGS, Colorado – November 13, 2013 – Accellos, a leading provider of supply chain execution software solutions, today announced its acquisition of PROFITsystems, a provider of comprehensive Software as a Service (SaaS) solutions for small and medium sized home goods retailers.

Accellos was founded with a vision that small and midsized business and logistics service providers were in need of a single‐source supply chain software partner.  This vision has manifested itself in the acquisition and integration of seven supply chain software companies and the development of a unifying product technology; the AccellosOne platform.  Over 4,000 companies use Accellos software to power their supply chains.  Consistent with this strategy, Accellos has extended its supply chain solution to the last segment of the supply chain, the retail store.    

”Distribution, logistics, and transportation are critically important to home goods retailers,” said Michael Cornell, CEO, Accellos.  “Supply chain costs are significant when managing furniture and other home goods products.  Accellos expertise in supply chain management, combined with PROFITsystems expertise in maximizing store operations, creates a compelling combination for any home goods retailer.”

PROFITsystems is the market leader in software for small and medium sized home goods retailers.   PROFITsystems’ flagship product, RETAILvantage, is a SaaS solution that manages all aspects of a home good retail operation including inventory management, distribution management, point of sale, customer management, accounting, and business analytics.    

”The management team at PROFITsystems was seeking to align our business with a partner that would bring significant resources dedicated to continuing to enhance our products and provide world class support to our customers,” said Jeff Niskern, CEO, PROFITsystems. “Accellos is a perfect fit for PROFITsystems.  Accellos brings deep expertise in the supply chain issues facing our customers and is committed to keeping our focus on the unique needs of home goods retailers.”

About Accellos

Accellos is a global provider of software solutions specifically designed for the unique needs of logistics service providers and midsized businesses. Over 4,000 companies trust Accellos to be the technology backbone of their global supply chains. Accellos provides solutions for warehouse management systems (WMS), third party logistics (3PL), fleet management, transportation management systems (TMS), trading partner integration (EDI), retail store operations, automated barcode data collection, parcel shipping, transportation optimization and supply chain business intelligence. Accellos solutions are built on the AccellosOne platform, a modern technology platform featuring a user‐friendly interface and simplified technical administration. For more information, email info@accellos.com or visit www.accellos.com. All products are either registered trademarks or trademarks of their respective companies in the United States and/or other countries.