ESW, a Dublin, Ireland-based direct-to-consumer (DTC) ecommerce company, acquired Scalefast, a Los Angeles, CA-based provider of a end-to-end ecommerce solution.
The amount of the deal was not disclosed.
With the acquisition, ESW further extends its market strength in apparel, beauty, personal care, and luxury markets into categories including entertainment, gaming, and electronics. ESW announced the acquisition of Scalefast in June 2022, and the combined organization offers brands and retailers a complete portfolio of technology and services that support any stage of a company’s development. The combined company will continue to create hyper-localized online shopping experiences for leading brands serving customers in over 200 markets. Its combined workforce has more than 1,000 team members.
Led by Nicolas Stehle, CEO, Scalefast is a company with 350+ employees specialized in providing global ecommerce-as-a-service solutions to brands. It acts as a merchant & seller of record for its clients and provides its own multi-tenant Enterprise Commerce Cloud and CX analytics solution, as well as the expert teams to help brands build, operate, maintain & optimize their ecommerce. Investors included Benhamou Global Ventures, Crédit Mutuel Equity and Adara Ventures. Established in five countries, including the US, Spain, France, Switzerland, and Japan, Scalefast serves consumers in more than 200 countries and territories. Enterprise companies looking for high growth partner with Scalefast to accelerate global distribution, market penetration, user experience, and profitability.
Led by CEO Tommy Kelly, ESW is a global and domestic direct-to-consumer (DTC) ecommerce company, empowering the brands and retailers to expand their DTC channel. From compliance, data security, fraud protection, taxes and tariffs to demand generation, checkout, delivery, returns and customer service, its services cover the entire shopper journey across 200 markets. Headquartered in Dublin, Ireland, ESW has global offices in the US, UK, Spain, France, Italy, Japan, Hong Kong and Singapore. ESW is an Asendia Group company, a joint venture between La Poste and Swiss Post.
FinSMEs
27/06/2022