Combined Company Promises the Most Powerful Growth Platform for omnichannel Sellers Worldwide
Linnworks, a leading ecommerce enablement and operations management software platform, has announced its formal agreement to acquire SkuVault, a leading U.S.-based provider of inventory management systems (“IMS”) and warehouse management systems (“WMS”) software solutions. The deal brings together two companies with a shared vision of accelerating growth for omnichannel sellers. California-based growth investor Marlin Equity Partners will be the majority shareholder of the combined company.
“We are very excited about entering this new chapter of our company’s history. The combination of our expert, passionate teams and our local and global talent will drive significant value to our customers, employees and partners,” said Callum Campbell, CEO of Linnworks. “We deeply appreciate SkuVault’s leading position within the North American market, driven by its highly differentiated product that offers rich features and functionality across the IMS and OMS value chain and deep WMS and 3PL capabilities. We are excited for the depth of experience and spirit of innovation that Andy, Slav and the rest of the SkuVault team will bring to the shared company.”
“We are more than thrilled to be partnering with Callum and the rest of the Linnworks team, as well as with Marlin Equity Partners. This is a huge opportunity to drive strategy and innovation in our industry and value for our customers,” said Andy Eastes, CEO and Co-Founder of SkuVault. “We have a shared vision to solve the most difficult challenges omnichannel sellers face as they grow. I believe the combined business will be well positioned to help our customers seamlessly integrate their sales channels and warehouses, fulfill orders more efficiently and, ultimately, grow their business bigger and faster.”
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Upon closing, Linnworks and SkuVault will combine their strengths to offer the most robust IMS/OMS solutions in the market, with a best-in-class user experience, extensive breadth and depth of functionality, and agile, globally available implementation and support services.
Peter Chung and Roland Pezzutto, Managing Directors at Marlin, added, “We are incredibly excited to work with Callum, Andy and the rest of the Linnworks and SkuVault teams to create a global category leader, in a fast-growing market segment, with increased platform breadth and global coverage of customer profiles. We believe the businesses are highly complementary, not only from a geographic perspective but also bringing strengths across a number of key product capabilities in order management, inventory management, analytics/forecasting, warehouse management and 3PL support. Both companies have exhibited strong growth historically, and this transformative acquisition creates a unique opportunity to accelerate growth through investment in product innovation, go-to-market, account management and support.”
London, United Kingdom, and Louisville, Kentucky, September 1, 2022 — Linnworks, a leading ecommerce enablement and operations management software platform, has announced its formal agreement to acquire SkuVault, a leading U.S.-based provider of inventory management systems (“IMS”) and warehouse management systems (“WMS”) software solutions. The deal brings together two companies with a shared vision of accelerating growth for omnichannel sellers. California-based growth investor Marlin Equity Partners will be the majority shareholder of the combined company.
“We are very excited about entering this new chapter of our company’s history. The combination of our expert, passionate teams and our local and global talent will drive significant value to our customers, employees and partners,” said Callum Campbell, CEO of Linnworks. “We deeply appreciate SkuVault’s leading position within the North American market, driven by its highly differentiated product that offers rich features and functionality across the IMS and OMS value chain and deep WMS and 3PL capabilities. We are excited for the depth of experience and spirit of innovation that Andy, Slav and the rest of the SkuVault team will bring to the shared company.”
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“We are more than thrilled to be partnering with Callum and the rest of the Linnworks team, as well as with Marlin Equity Partners. This is a huge opportunity to drive strategy and innovation in our industry and value for our customers,” said Andy Eastes, CEO and Co-Founder of SkuVault. “We have a shared vision to solve the most difficult challenges omnichannel sellers face as they grow. I believe the combined business will be well positioned to help our customers seamlessly integrate their sales channels and warehouses, fulfill orders more efficiently and, ultimately, grow their business bigger and faster.”
Upon closing, Linnworks and SkuVault will combine their strengths to offer the most robust IMS/OMS solutions in the market, with a best-in-class user experience, extensive breadth and depth of functionality, and agile, globally available implementation and support services.
Peter Chung and Roland Pezzutto, Managing Directors at Marlin, added, “We are incredibly excited to work with Callum, Andy and the rest of the Linnworks and SkuVault teams to create a global category leader, in a fast-growing market segment, with increased platform breadth and global coverage of customer profiles. We believe the businesses are highly complementary, not only from a geographic perspective but also bringing strengths across a number of key product capabilities in order management, inventory management, analytics/forecasting, =warehouse management and 3PL support. Both companies have exhibited strong growth historically, and this transformative acquisition creates a unique opportunity to accelerate growth through investment in product innovation, go-to-market, account management and support.”
Raymond James & Associates served as SkuVault’s sole financial advisor. SkuVault’s legal advisor was Wyatt, Tarrant & Combs, LLP. DC Advisory acted as financial advisor and Goodwin Procter LLP and Mayer Brown International LLP served as legal advisors to Linnworks and Marlin.
