M&A Deal Summary

CRS Retail Systems Acquires Apropos Retail

On October 5, 2004, CRS Retail Systems acquired retailer Apropos Retail

Acquisition Highlights
  • This is CRS Retail Systems’ 1st transaction in the Retail sector.
  • This is CRS Retail Systems’ 1st transaction in the United States.
  • This is CRS Retail Systems’ 1st transaction in Washington.

M&A Deal Summary

Date 2004-10-05
Target Apropos Retail
Sector Retail
Buyer(s) CRS Retail Systems
Deal Type Add-on Acquisition
Advisor(s) Cascadia Capital LLC (Financial)

Target

Apropos Retail

Lynnwood, Washington, United States
Apropos Retail - a Lynnwood, WA-based provider of chain retail management systems for specialty store and general merchandise retailers.

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Buyer(S) 1

Buyer

CRS Retail Systems

New York, New York, United States

Category Company
Sector Software
DESCRIPTION

CRS Retail Systems ("CRS") provided retail management software, hardware and services to help its customers drive sales, improve customer service and reduce operating costs, all with more ease and flexibility. With more than 100,000 in-store systems installed in 32 countries and 10 languages, CRS was a trusted leader in the retail industry.


DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1