M&A Deal Summary

nShift Acquires Returnado

On August 23, 2021, nShift acquired software company Returnado

Acquisition Highlights
  • This is nShift’s 2nd transaction in the Software sector.
  • This is nShift’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2021-08-23
Target Returnado
Sector Software
Buyer(s) nShift
Deal Type Add-on Acquisition

Target

Returnado

Stockholm, Sweden
website
Returnado is the cloud-based, go-to solution for reverse e-commerce and returns management that empowers retailers worldwide by making returns their competitive edge. Returnado was established in 2016 and is based in Stockholm, Sweden.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

nShift

Oslo, Norway

website

Category Company
Founded 2021
Sector Internet Software and Services
DESCRIPTION

nShift is a global provider of cloud delivery management solutions enabling the frictionless shipment and return of almost one billion shipments across 190 countries. nShift’s software is used globally by e-commerce, retail, manufacturing, and 3PL shippers. nShift was established in 2021 and is based in Oslo, Norway.

DEAL STATS #
Overall 3 of 4
Sector (Software) 2 of 3
Type (Add-on Acquisition) 2 of 3
Country (Sweden) 2 of 2
Year (2021) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-23 Unifaun

Stockholm, Sweden

Unifaun is a provider of Transport Administration (“TA”) services in the Nordics, providing a SaaS platform connecting freight carriers and shippers of all sizes. Unifaun is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-22 Webshipper

Silkeborg, Denmark

Webshipper is an all-in-one shipping and logistics platform that connects client's Webshop or Accounting platform with multiple shippers and enables integration with warehouses, E-commerce & ERP platforms. With more than 50 carriers, the company enables clients to connect to multiple carriers in one solution. We automate booking, label print, customs, tracking, and returns. Webshipper was formed in 2014 and is based in Silkeborg, Denmark.

Buy -
Mergr

Product

Company

Legal