Relex Solutions, a Helsinki, Finland-based provider of unified supply chain and retail planning solutions, received an investment from Blackstone and TCV.
The amount of the deal was not disclosed. The transaction represents an exit for original RELEX investor Summit Partners, which initially invested in the company in 2015. Blackstone and TCV first invested in RELEX in 2022 and 2019, respectively.
The company intends to use the funds to accelerate its growth, expansion and development efforts.
Led by Group CEO Mikko Kärkkäinen, Relex Solutions provides a unified supply chain and retail planning platform that aligns and optimizes demand, merchandising, supply chain, operations, and production planning across the end-to-end value chain. It helps retailers, manufacturers, and consumer goods companies like ADUSA, AutoZone, Coles, Dollar Tree and Family Dollar, M&S Food, PetSmart, and The Home Depot drive profitable growth across all sales and distribution channels.
FinSMEs
11/12/2024