Singapore Post Limited (STI:S08), an Asia-Pacific regional leader in e-commerce logistics and trusted communications, signed an agreement to acquire TradeGlobal, a Cincinnati, OH-based global omni-channel provider of end-to-end e-commerce services, from private equity firm Bregal Sagemount.
The amount of the deal was not acquired.
The acquisition aims to enable SingPost to create an end-to-end e-commerce solution with no geographic boundaries. By combining resources, technologies and expertise, the two companies want to unify global supply chain and commerce strategy for brands seeking expansion across North America, Asia and Europe.
Led by Dave Cook, Executive Chairman, and Dave Eckley, CEO, TradeGlobal provides global e-commerce services to fashion, beauty and lifestyle brands. With the new deal, TradeGlobal will enhance its existing service offering–which includes Demandware platform development, website content management, digital marketing, omni-channel fulfillment, logistics, digital imaging and customer care–while adding new, innovative solutions on a global scale.