Add-on Acquisition • Software

Cin7 Acquires DEAR Systems

On February 17, 2021, Cin7 acquired software company DEAR Systems

Acquisition Context
  • This is Cin7’s 2nd transaction in the Software sector.
  • This is Cin7’s 1st transaction in United Arab Emirates.

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M&A Deal Summary

Date February 17, 2021
Target DEAR Systems
Sector Software
Buyer(s) Cin7
Deal Type Add-on Acquisition

Target Company

DEAR Systems

Dubai, United Arab Emirates
DEAR Systems is a cloud-based inventory management software platform serving more than 3,000 small-to-medium-sized retailers, wholesalers, manufacturers, and eCommerce product sellers. DEAR Systems was founded in 2012 and is based in Dubai, United Arab Emirates.
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Buyer Overview 1

Buyer

Cin7

Denver, Colorado, United States

Category Company
Founded 2011
Sector Software
DESCRIPTION

Cin7's inventory and order management platform connects more than 550 eCommerce platforms, online marketplaces, 3PL warehouses, and native EDIs in one solution, helping retailers and product sellers quickly and efficiently get their products to customers wherever they are, from any channel. Cin7 was founded in 2011 and is based in Denver, Colorado.


Deal Context for Buyer #
Overall 2 of 3
Sector: Software 2 of 2
Type: Add-on Acquisition 2 of 3
Country: United Arab Emirates 1 of 1
Year: 2021 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-17 Orderhive

Newark, Delaware, United States

Orderhive is a SaaS-based solution that brings order, shipping, and inventory management functionalities into one platform. It facilitates multi-channel order processing, streamlines back-end processes, and maintains a real-time inventory tracking system. Orderhive, Inc. was founded in 2013 and is based in Newark, Delaware.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 Inventoro

Prague, Czech Republic

Inventoro is a provider of AI-driven sales forecasting and replenishment optimization solutions. Inventoro was formed in 2020 and is based in Prague, Czech Republic.

Buy -