D.A. Davidson & Co. announced today that it has served as exclusive financial advisor to Yantriks, a SaaS provider of commerce and fulfillment micro-services, in its acquisition by Blue Yonder Group Inc., the world’s leading digital fulfillment platform and supply chain solutions provider.
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D.A. Davidson advises SaaS commerce provider Yantriks in sale to Blue Yonder Group #supplychain #tech
The combination creates an entity that provides customers with the platform to integrate their supply chain assets for a unified and differentiated experience from the start of the shopping process. With the sale, Yantriks and Blue Yonder combine real-time transaction systems with supply chain planning, forecasting and fulfillment solutions to power commerce.
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“This is a transformative transaction that brings together two complementary and highly successful providers and their leadership teams, creating one of the broadest, fastest and most capable platforms in the world,” said Derek Bell, Managing Director at D.A. Davidson. “The Yantriks management team has done an exceptional job of delivering value to its clients and now can build on that strength with a partner that shares their passion for an end-to-end system centered on customer preferences.”
“We are thankful for the advice, deep sector expertise and commitment of the D.A. Davidson technology investment banking team working on this transaction,” said Eugene Amigud, Managing Partner of Yantriks. “This is an optimal outcome for everyone, thanks to their knowledge, transaction proficiency, and ability to drive an efficient process despite challenging M&A conditions. We now look forward to our next stage of growth and customer success.”
