M&A Deal Summary

Otimo Retail Acquires XCCommerce

On September 3, 2019, private equity firm Otimo Retail acquired software company XCCommerce

Acquisition Highlights
  • This is Otimo Retail’s 2nd transaction in the Software sector.
  • This is Otimo Retail’s 2nd transaction in Canada.
  • This is Otimo Retail’s 2nd transaction in Quebec.

M&A Deal Summary
Date 2019-09-03
Target XCCommerce
Sector Software
Buyer(s) Otimo Retail
Deal Type Buyout (LBO, MBO, MBI)

Target

XCCommerce

Montreal, Quebec, Canada
XCCommerce is a software development and implementation company that specializes in retail-specific solutions. the company is a developer and deployer of promotion management solutions, implements projects on time and in budget, and generates optimal ROI for customers. XCCommerce was formed in 2012 and is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

Otimo Retail

Investor Investor Investor

Category Private Equity Firm
Founded 2014
Size Small
Type Sector Focused
DESCRIPTION

Otimo Retail is a specialist private equity firm focused on growth-stage investments in small and mid-sized businesses. The Firm seeks companies providing technology and software solutions that support the retail industry. Otimo Retail was founded in 2014 and is headquartered in Montreal, Quebec.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (Quebec) 2 of 2
Country (Canada) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-26 Momentis

Montreal, Quebec, Canada

Momentis provides software solutions to apparel and softgoods wholesalers, manufacturers and vertically integrated retailers. The Momentis Fashion System (MFS) is a fully integrated web-based application that offers an end-to-end enterprise resource planning (ERP) and a host of other features. Momentis is based in Montreal, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-14 Momentis

Montreal, Quebec, Canada

Momentis provides software solutions to apparel and softgoods wholesalers, manufacturers and vertically integrated retailers. The Momentis Fashion System (MFS) is a fully integrated web-based application that offers an end-to-end enterprise resource planning (ERP) and a host of other features. Momentis is based in Montreal, Quebec.

Sell -
Mergr

Product

Company

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